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    I prezzi del petrolio russo sono ai minimi dall’inizio della guerra sotto la pressione occidentale

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    1. bloomberg on

      *From Bloomberg News reporter Alex Longley:*

      Russian crude prices are at their lowest since the war in Ukraine began, as sanctions deepen the discounts the nation’s oil industry needs to offer and benchmark futures tumble.

      On average, Russian oil exporters are receiving just over $40 a barrel for cargoes shipped from the Baltic, Black Sea and the eastern port of Kozmino, according to data from Argus Media. That’s down 28% over the last three months, with recent restrictions targeting oil giants Rosneft and Lukoil widening the markdowns.

    2. Doc_Bader on

      Prices are generally going down.

      Remember that 50% of global oil goes into the transportation sector (cars & trucks).

      China going full steam ahead with electric car adoption and Europe as well (even if news might make you think this isn’t the case), this makes a massive dent in oil demand. USA lacks behind, but their car market isn’t big enough to offset the other two big markets.

      Couple this with the fact that the US and OPEC are producing at All Time Highs you have massive supply without enough demand to back it up.

    3. Few_Parkings on

      Ukraine blowing up russian refineries leads to oil suplus that Russia cannot get rid of as before. Global oil overproduction, less economic growth in the world and electrification meet Russias desperation to sell even more oil that they can no longer refine.

    4. ZaferTwo on

      и Уондер швы ауре фуцкинч птрдифрны цен голды бут воунтры путин плрсдр фончл килл мр

    7. ledow on

      Sounded like a bad thing at first (i.e. good for Russia, bad for everyone else) but it’s actually the other way around, I suppose.

      If they have to sell everything off cheap, no profit for them.

      You would think that restricting their supply would INCREASE prices, but clearly they aren’t in a position to do that because then nobody else would buy thier oil.

      I assume this means that, somewhere along the line, Russia are subsidising or selling at a loss?

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