Oil, gas and mining

RUSSIAN $140 Billion Oil Disaster as Price Falls, Production Cuts & Sanction Discounts Hurt Russia



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Russia has experienced a huge fall in revenue from Fossil Fuels as a result of SANCTIONS, PRICE DISCOUNTS and FALLING PRICES. In this video I provide more details and look at the impact on both the price of Russian Oil and Russia’s revenue and discuss the future impact on the Russian Economy.

For specific details please check out the CHAPTER list below.

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Chapters:
0:00 Intro
1:28 RUSSIAN FOSSIL FUELS
5:15 PIPELINE GAS
8:12 OIL
10:32 RUSSIAN OIL PRICE
13:20 CRUDE OIL PRICE CAP
17:48 REFINED OIL PRICE CAP
20:17 RUSSIAN TRADE PARTNERS
24:00 SUMMARY & CONCLUSION

#UKRAINE
#russia
#pricecap
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3

29 Comments

  1. To add to the profit margin points, oil analysts have estimated that it costs Russia about $40 to $45 per Barrel to get Russian oil out of the ground.

  2. Joe, this is just the same old video that you do every few months.
    Its very annoying to watch 29 minutes of the same stuff.
    Nothing new – new major collapse – no panic
    If you keep doing this I'll unsubscribe

  3. Having youtube premium should allow us to skip in video ads/sponsorships, have heard enough about VPN's and a these youtubers "exclusive" offers.

  4. … The Lady Bug… in fact, this little insect is (together with butterflies) one of the only that doesn't indulge repulsive reactions from us, humans. The Lady Bug is also so brave (or audacious) to land on hands or fingers of little children as if it wants to say "do you want to be my friend?"
    Amazing little creatures…. the Bugs that is….

  5. "Oil prices collapsing!"
    Me? I go to CNBC and see that the price of a barrel of oil is at a 10 week high and the trend is in an upward motion.
    Moral of the story?
    Don't believe everything you hear on Youtube, folks.

  6. Gross sales is not the right metric, you should be looking at net profit. It costs Russia about $40/barrel to produce. When oil was selling for $80 a barrel, $2/barrel shipping via pipeline to Europe for a profit of about $38/barrel. Shipping to China or India cost $12 to $15, so at $60/ barrel, net profit is between $5 and $8/barrel. That's the real story, profit is down 80%.

  7. If you consider SEASONAL variations, such as more is needed during the Winter, the reduction in crude oil sales does not look that dramatic.
    Plus, the graph reflects an unnatural surge of preemptive stockpiling. The caps and bans were announced, with months long grace periods before enacting them. As a consequence, deliveries surged for months in an effort to stockpile oil before the caps and bans took effect.
    The bottom line is that any recommendation by India and China to stop the war is moot when they're not cutting or eliminating their purchases.

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