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re: The irony of funding Ukraine is that the conflict is keeping oil prices high.
Posted on 2/23/24 at 4:20 pm to cwill
Posted on 2/23/24 at 4:20 pm to cwill
quote:
How is the price inflated if the oil is getting into the market at a reduced price?
See my reply above. You guys have no clue what's happening in the fuel trading world because of this war and now the Red Sea attacks.
China is loving this.
1
Posted on 2/23/24 at 5:04 pm to loogaroo
quote:
See my reply above. You guys have no clue what's happening in the fuel trading world because of this war and now the Red Sea attacks.
China is loving this.
The point you began with was that Russia was making a killing because of high crude prices brought about by sanctions.
Well:
1. Crude prices are lower than before the sanctions and price cap.
2. Russia is selling oil, at a discount to the lower than pre-sanction/cap prices.
Everything...all the facts...show that not to be the case. Whether China loves this or not, doesn't support your premise that the sanctions are keeping prices high and the Russians are killing it.
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