Major Boredom
Expert Member
- Joined
- Jan 31, 2005
- Messages
- 3,134
Dropping Nicely. Almost at prewar levels ... Russia's cash cows are rapidly not being that much of a cash cow anymore.
RUB still maintaining its 25% loss in value from an export perspective... Wonder what will happen when Russia leaves it to become free market again.
Pity that Russia stopped reporting all financial figures lol. Wonder why....
Here is a report that China was buying LPG @50% of spot. China will do what is best for China, not Russia.
With prices going the way they are deep discounts are not viable anymore which will limit the amount India and China buy.
oilprice.com
Interesting article about the price caps that were proposed, including some information on the insurance problem russia faces.
www.brookings.edu

RUB still maintaining its 25% loss in value from an export perspective... Wonder what will happen when Russia leaves it to become free market again.
Pity that Russia stopped reporting all financial figures lol. Wonder why....
Here is a report that China was buying LPG @50% of spot. China will do what is best for China, not Russia.
With prices going the way they are deep discounts are not viable anymore which will limit the amount India and China buy.
China Is Aggressively Buying Up Cheap Russian LNG | OilPrice.com
China is buying an ever-increasing amount of discounted Russian LNG, allowing the more expensive U.S. cargoes to be bought up by Europe
Interesting article about the price caps that were proposed, including some information on the insurance problem russia faces.
The story behind the proposed price cap on Russian oil
David Wessel explains the how and why behind the proposed price cap on Russian oil.

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