If the West refuses Russian oil, the price of it in the world can soar to $300-500 per barrel

After the decline in oil prices, which was observed following the record growth since 2014, there is again a “rollback” to higher positions. To date, a barrel of Brent oil is trading at $108, futures for May have already exceeded $112. Against this background, the ruble wins back its positions somewhat against the American currency. The official exchange rate of the Central Bank of the Russian Federation is about 104 rubles.

Against this backdrop, the European Union is seriously considering options for a complete renunciation of Russian oil supplies. At the same time, many European economists frankly say that to abandon oil from Russia today is to knock out supports from under the entire European economy. In particular, it is predicted that the price of 100-120 dollars per barrel if the EU refuses Russian "black gold" on the world market will seem "flowers".

Deputy Prime Minister of Russia Alexander Novak, who previously headed the Ministry of Energy, shares his thoughts on this with journalists. According to him, if Europe blocks oil supplies from Russia, the price per barrel can easily reach $300.

RIA News Novak quotes:

Some predict even $500.

At the same time, Alexander Novak pointed out that Russia intends to diversify oil supplies in the event that the West refuses this Russian commodity.

In this regard, an additional blow to the dollar hegemony may be inflicted. After all, today oil on the world market is sold for dollars, which in itself feeds the US budget. If oil prices jump above $200 per barrel, then there will be a greater demand in the world for the purchase and sale of oil in national currencies - without dollar "intermediation". This option is already being considered during negotiations with India and China. Saudi Arabia offers China to transfer part of the payment for oil in yuan. Accordingly, the US budget may lose huge amounts of revenue, which the US already takes for granted.

Comments

[RED_ICE]

Here's more news: Russia is studying the issue of banning uranium supplies to the United States.
https://russian.rt.com/world/news/979002-uran-rossiya-ssha?utm_source=yxnews&utm_medium=desktop

[sheet]

Quote: RED_ICE

Here's the news:

Then plus one more:
A project on Russia's withdrawal from the WTO was submitted to the State Duma
https://ria.ru/20220321/zakonoproekt-1779292295.html

[krot]

Great news - oil for 500 bucks! )

[DPN]

And you think that something will fall on YOU from this, capitalism will not allow and will not give.

[Oleg Kolsky]

We need to act in this direction and quickly, so as not to let them make a reserve while searching for a replacement. So that these nits short-kerosene lamp under their tail.

[House 25 Sq. 380]

Rogozin has already performed beautifully: he blocked the contract with wanueb ....
Now they have agreed with the mask, and Roskosmos has lost money ...
Brilliant ....

[Vadim237]

Roskosmos will definitely not be left without foreign orders, the same Koreans, Hindus and others, did not refuse orders for the creation of satellites and their launches, but the Exomars Mars rover has a complete flight for ESA.

[House 25 Sq. 380]

It won't stay...
But the point of losing money out of the blue now is a mystery ...
And who won't get them in the end? Roscosmos? Wanweb? Musk?

[Civil]

Maybe it’s enough to lament about raw materials already, this Novak already managed to quarrel with the Saudis once, then hardly raised the price per barrel.
It is necessary to carry out the New Industrialization, taking into account the digital era. To build new meanings in Russia....and not save wild capitalism.

[Ros 56]

Seriously, China eats everything and asks for more supplements, because this is in the interests of its future existence. But the West without oil and gas will fall loudly.

[Zoldat_A]

Quote: Ros 56

But the West without oil and gas will fall loudly.

Against this backdrop, the European Union is seriously considering options for a complete renunciation of Russian oil supplies.

Let them first learn to live without oil. At the same time and without gas to do.

And there you can turn out to be from Russian supplies. If by that time there will be someone to descend from the palm tree to the ground.

[Ros 56]

This is what I wrote for the first call, and if they are allowed to go past the supply of fertilizers and grain crops, they will kill each other for grub, but not this summer, but a little later.

[Zoldat_A]

Quote: Ros 56

This is what I wrote for the first call, and if they are allowed to go past the supply of fertilizers and grain crops, they will kill each other for grub, but not this summer, but a little later.

next spring.
Ukraine has already bought coal from South Africa. Is it now the turn of Spain, France and Italy to buy wheat from Ethiopia?

[Egoza]

Quote: Charlie

China and India don't eat that much. Russia ranks second in the world in terms of oil production

Don't let that worry you. We will attach to our consumers. )))

[Charlie]

It worries me a lot. Build more refineries for your customers

[Vadim237]

In Russia, these oil refineries and so abound.

[DPN]

Do not sort out, only SOCIALISM will save YOU, otherwise one of YOU will become a SLAVE.

[Starover_Z]

Quote: Oleg Kolsky

We need to act in this direction and quickly, so as not to let them make a reserve while searching for a replacement. So that these nits short-kerosene lamp under their tail.

Do you make a caracine from chavo? Not fig!
Splinters from dung to them in eurohuts!

[Zoldat_A]

Quote: Starover_Z

Splinters from dung to them in eurohuts!

By the way, they showed on TV how European "wild geese" from Russian shelling (there, in my opinion, even mortars rumbled) crowded into a Ukrainian hut made of adobe (!).

[Ros 56]

So, what about smart home appliances that do everything by themselves? Horrible what you suggest.

[Cosm22]

Sounds intriguing.
But the question remains: what will Russia have to do with this celebration of life? To the price of 300 bucks a barrel?
If the damned West does give a blow to Russian oil?

[NIKN]

Quote: Cosm22

Sounds intriguing.

All this is like talking and it seems that they are based on the desires of someone, either they intimidate someone, or they reassure someone. Perhaps it will jump for a short time, but I am for the fact that the market cannot allow such drops, everything will come to real value, the value of the product in the end. In the economy, a lot of things are interconnected and even sometimes not noticeable than for the layman, but the fact that the economy will strive for balance is simply its purpose.

[27091965]

Quote: Cosm22

But the question remains: what will Russia have to do with this celebration of life? To the price of 300 bucks a barrel?
If the damned West does give a blow to Russian oil?

It is very hard to believe that the damned West at the moment can give a blow to Russian oil. They write a lot that the Germans are negotiating with the United Arab Emirates to increase the supply of energy resources, but this concerns hydrogen. There were no negotiations to increase oil production. Therefore, I think it’s worth waiting a little to see the result, but for now it’s all talk and nothing more.

[day]

Quote: 27091965i

They write a lot that the Germans are negotiating with the United Arab Emirates to increase the supply of energy resources, but this concerns hydrogen. There were no negotiations to increase oil production. Therefore, I think it’s worth waiting a little to see the result, but for now it’s all talk and nothing more.

Saudi Aramco intends to increase oil production to 5 million barrels per day in 13 years against 9,2 million b/d recorded in 2021. Also, the company, the main shareholder of which is Saudi Arabia, announced the potential to increase gas production by more than 50% by 2030.

The company also plans to expand its liquid chemicals production capacity to 4 million barrels per day.

Net profit of Saudi Aramco in 2021 increased by 2,2 times, to $110 billion.

Against the backdrop of Russia's military invasion of Ukraine, many countries of the world announced a complete or gradual refusal to purchase Russian oil and gas. Saudi Arabia could become one of the main destinations for offsetting supplies.

[27091965]

RIYADH, March 21 - Saudi Arabia said on Monday it would not be held responsible for a global oil shortage following attacks on its oil facilities by pro-Iranian Houthis, signaling growing Saudi dissatisfaction with Washington's handling of Yemen and Iran.

Over the weekend, the Houthis fired rockets and drones at the facilities of the Saudi state oil company Aramco, causing a temporary drop in production at the refinery and a fire at the oil distribution terminal. On March 11, they shelled an oil refinery in Riyadh, causing a small fire.

A spokesman for the Saudi foreign ministry said in a comment to the state-run SPA news agency that such attacks have serious consequences for the upstream and downstream sectors, affecting "the kingdom's production capacity and its ability to meet its obligations."

Aramco CEO Amin Nasser, asked about the earnings webcast statement, said: “These types of attacks and this kind of escalation at a time when the market is very tight is a real concern around the world... If more escalations occur over a period of time, this may have some impact on the supply.”

[Vadim237]

So they can agree with Libya, Iraq, Qatar and the same Iran - for stepwise purchases of oil and gas and the same stepwise decrease in purchases from us. And if this happens, our state budget will sag by 30 percent, and the economy will collapse by 10 percent of GDP, with all the consequences for the population.

[SovAr238A]

Quote: Cosm22

Sounds intriguing.
But the question remains: what will Russia have to do with this celebration of life? To the price of 300 bucks a barrel?
If the damned West does give a blow to Russian oil?

The only plus is that the cost of our products will be significantly less.
For the energy costs of our enterprises are very high compared to other countries.
Unless, of course, this product can be sold somewhere ...

[lis-ik]

Quote: Cosm22

To the price of 300 bucks a barrel?

I think that at such a price, the Arabs will falter and compensate for their past losses, moreover, there is another question, but what about "our" nouveaux riches, how will they behave?

[Monster fat]

What's the point? If the price rises to $300-500, do you think Russia will sell at this price? No matter how! If Europe stops buying oil from Russia, then its (Russia's) best "friends": the Indians and the Chinese, will immediately take advantage of this and start breaking her hands with their conditions - sell us at 75-90 Baku dollars, you won't sell it any more expensive - no one will buy . An example of this is the gas trade with China: while Europe is playing around, buying gas at 1600-3000 dollars per 1000 cubic meters, Russia sells gas to China at a price of 110-140 dollars per 1000 cubic meters. The February price was about $118 per 1000 cubic meters. So there is nothing to be happy about.

[private person]

An example of this is the gas trade with China, while Europe is scrambling to buy gas at $1600-3000 per 1000 cubic meters, Russia is selling gas to China at a price of $110-140 per 1000 cubic meters.

China at one time heavily invested in the construction of oil and gas pipelines, and now it is simply reaping the benefits.

[day]

Quote: private person

China at one time heavily invested in the construction of oil and gas pipelines, and now it is simply reaping the benefits.

China did not invest
The strength of Siberia is built at the expense of Chinese LOANS - China did not invest its own money at all.

[private person]

China did not invest
The strength of Siberia is built at the expense of Chinese LOANS - China did not invest its own money at all.

How to understand you? Don't you need to repay loans? Or do you mean that the pipeline belongs to China?

[day]

Quote: private person

China did not invest
The strength of Siberia is built at the expense of Chinese LOANS - China did not invest its own money at all.

How to understand you? Don't you need to repay loans? Or do you mean that the pipeline belongs to China?

China gave loans to Russia for construction, he himself did not invest money.
You understand that Russian loans must be given.

[not main]

Quote: dag

The strength of Siberia is built at the expense of Chinese LOANS - China did not invest its own money at all.

It is strange that you do not understand this! The gas pipeline was built for CHINESE MONEY! Yes, a loan, but we pay back the loan with products!

[day]

Quote: non-primary

Quote: dag

The strength of Siberia is built at the expense of Chinese LOANS - China did not invest its own money at all.

It is strange that you do not understand this! The gas pipeline was built for CHINESE MONEY! Yes, a loan, but we pay back the loan with products!

You have a strange concept in economics.
There is a loan, but there is equity participation - China does not have a share, it gave a loan.
Paying off debt with raw materials - you simply do not earn anything.

[private person]

Yes, a loan, but we pay back the loan with products!

Well, not products, but let's say a preferential price for products, well, + the loan itself.

[Vadim237]

Actually, China buys gas from us for 240 bucks.

[Brturin]

Quote: Monster-Fat

Russia sells gas to China at a price of $110-140 per 1000 cubic meters. The February price was about $118 per 1000 cubic meters.

So it's not 2021, but 2022.
a year ago - The price of Russian gas supplies to China since the beginning of 2021 has fallen to $118,5 per thousand cubic meters, follows from the data of the General Administration for Customs of the People's Republic of China. https://www.interfax.ru/business/756994
The price of Russian gas supplied to China in the fourth quarter of 2021 rose to $196 per thousand cubic meters after $172 in the third https://www.interfax.ru/business/810320
and why would it fall ... the price is pegged to oil, and oil somehow does not get cheaper, but rises in price ... Europe stood up for the spot, even if it "enjoys" it ...

[zadorin1974]

Cunning Eugene. Europe has driven itself into speculative price gas. Germany is still buying under long contracts within 320. Hungary within 270-285. Where and how they put the surplus (maybe not only) is purely their problem. Also and the PRC receives gas from Kamchatka under a long contract from January to 192. (since November, the price tag has risen from 178). The price for long contracts does not stand still, it depends on the cost of a six-month backlog in oil. you’re too lazy to read a little about the topic. .

[lis-ik]

Quote: Monster-Fat

What's the point?

They do not want to understand who really owns the resources of the Russian Federation now. Nothing has changed, but it was possible, taking advantage of the opportunity.

[private person]

But the question remains: what will Russia have to do with this celebration of life?

In addition to the West, there is India, China and other Asians who also need oil. And having abandoned Russian oil, the same West will look for new suppliers, thereby creating a shortage. Everything in this world is interconnected.

[fa2998]

Quote: Cosm22

what will Russia have to do with this celebration of life? To the price of 300 bucks a barrel?

I think an ordinary Russian will get an increase in the price of gasoline, gasoline aces won’t have to lie, there are two reasons - the rise in the price of raw materials in the world, and general inflation in Russia

[Ros 56]

And think about the reaction of the Western population and industrialists to such prices. It will be a big, no not a big, but a huge economic collapse compared to which the crisis in the striped in the 30s of the last century can be called the heyday of the economy.

[Stepan S]

We will have gasoline, but not everyone and not everyone will have it. And you can't block all trade. Iran is an example for you.

[Ros 56]

I do not know what he will give, but he will definitely suck.

[Zefr]

This means an expensive life and an uncompetitive industry. Why should Russia be involved in this?
What is the point of selling oil "at 300" if the money for the already sold oil was squeezed out from us anyway? For me, the continuation of sales is the pressure of the oligarchs. They don’t feel sorry for the squeezed money - it was no longer theirs, but you can still get new money (maybe). And don't care at all. Instead of asking for the people's money

[tralflot1832]

I just demand that the EU members give up Russian oil. So that they depend on which foot the oil sheikh got up on. Oil is power. And power is so sweet. .

[host]

Quote: tralflot1832

I just demand that the EU members give up Russian oil. So that they depend on which foot the oil sheikh got up on. Oil is power. And power is so sweet. .

Their memory was really chopped off, 73 years will still seem like flowers, they think then they passed along the edge of the crisis, and today they will ride, naive.

[House 25 Sq. 380]

Then Leonid Ilyich, our dear and beloved, considered that it was not worthwhile for European and American proletarians to suffer and flooded the "world of capitalism" with cheap Soviet oil ....

[host]

Quote: House 25 Sq. 380

and flooded the "world of capitalism" with cheap Soviet oil ....

In part, yes, it was so, like an iron curtain for a long time and the borders were locked, but they traded between countries. The choice was not great as always, the country needed a currency.

[House 25 Sq. 380]

Such a great opportunity: to finish off the "world of capitalism", to end the competition between the two systems....
And Leonid Ilyich, our dear and beloved, was like this: “Will you take it?” ...
And with the currency from the sale of oil, Leonid Ilyich, our dear and beloved, immediately bought grain and meat from the "world of capitalism", that is, he invested the currency received in the development of production and agriculture in the West ...

[host]

It's exactly what it was

[zloybond]

For that. in order to slightly straighten the brains of our non-partners and give a pendal to the price of oil on the market - It is necessary to choose a victim among those zealously advocating the rejection of Russian oil and turn off this valve tomorrow - let them continue to jump in their anti-Russian geyropsky frenzy. But it must be done tomorrow. After all, it's not summer yet. and those who see and understand that they can turn off the gas in the same way tomorrow. Everything according to our Nona Mordyukova - whoever blathers, we will turn it off.

[XNUMX%]

... can skyrocket to $300-$500..

So you need geeks. More lies - more price, and not only for oil.

[tralflot1832]

What a beauty, just lovely. A happy, hooligan childhood of children in Europe. 1973. Greta never dreamed of such a thing.

[Elephant]

Shareholders in the oil industry may be very upset. In general, Russia should have switched from the raw material sector to the manufacturing sector for a long time.

[YOUR]

Sheikhs rub their hands. They change a tanker with oil for a tanker of dollars by weight of one ton of oil per ton of dollars. America turn on the machine.

[PROXOR]

Well, who will need these candy wrappers when the oil crisis, the economy will collapse. Only by weight for gold then.

[zadorin1974]

Good Vladimir. Well, you’re in vain. They’re not fools either. We have already agreed with the PRC on the account of partial payment in Yuan.

[Stepan S]

Ordinary writing paper will be more valuable than green dyed paper.

[Daniil Konovalenko]

They want to shoot themselves. Let them shoot. This is only in the hands of the United States. When they shoot, they will be very surprised ..

[Zaurbek]

China, in principle, can provide the Yuan with a wide range of goods for both industrial and household and transport purposes ....... it is high time to pay for raw materials in the Yuan and the Yuan itself to be converted with major currencies. But the key point here is trade in raw materials.

[LAWNER]

That's good ... It's high time to teach Europeans to buy not oil, but gasoline, diesel fuel, kerosene .. Everything is ready for this. Almost 100% of Russian refineries produce fuel according to European standards. Euro4.

[Tatyana Kolyaseva]

The OPEC+ countries essentially signed the death warrant for the American economy. By the end of the year, the dollar won't be worth the paper it's printed on.

[Cat Kuzya]

Yes. Spring has come... The Russians sullenly looked at the exchange rate against the ruble of the dying dollar in the country's banks... It was the 29th anniversary of the dollar's funeral...

[Cananecat]

Sarcasm here, alas ... they do not understand)))

[-Paul-]

Do you have a salary in dollars or in rubles?! And in the store you buy for a ruble or for a dollar ?!

[sen]

If the West refuses Russian oil, the price of it in the world can soar to $300-500 per barrel

Politicians in the frenzy of sanctions have completely forgotten about the economy, which can bury their political career.

[SovAr238A]

There is a suspicion that all this mess with prices - has nothing to do with the Military Operation.
The fuel crisis began in the middle of last year, when China ran out of coal.
The crisis has not gone anywhere and has not ended, it just began to grow and stretch.
Prices for absolutely all energy resources have risen.

In addition, it is very beneficial for the greens and the alternative energy strategy they are promoting, because only with high prices for fossil resources - their entire alternative energy strategy - will become economically viable.
And there they will introduce additional gradation taxes on products created using energy from various dirty, semi-dirty and semi-clean and clean energy sources.


And if otherwise, then within a couple of years they will be able to replace all our oil.
This is a fact.
It is much more difficult with gas, they will need about 4-5 years.
But this is also not the most pleasant.
That gas infrastructure of the European part of the Russian Federation is sharpened just for the "rut" of gas.
And for internal use it will not only be redundant, but also unprofitable.
It is very expensive to keep it for internal purposes.
It's like in Belaz, to go for a bun and a pack of cigarettes, to a store in a neighboring house.

[evgen1221]

It won’t be possible to replace it quickly, the Saudis don’t have enough light oil left, not so long ago they wanted to sell Saudi Aramco for a lot, and there was a lot of confusion with the audit in terms of reserves, plus the plants are sharpened for certain grades, Europe and America for heavy oil from us and Venezuela, the light one was used for all sorts of other things and was resold. Factories same remake oh how not quickly.

[Asad]

Why don't the Americans resume shale mining?

[SovAr238A]

Quote: ASAD

Why don't the Americans resume shale mining?

And they never completely stopped her...
Here is the latest news.

TASS, 18 January. The growth in shale oil production in the United States in February 2022 compared to January will be 104 thousand barrels - up to 8,54 million barrels per day.
The actual production of shale oil in January turned out to be higher than the values ​​expected by the agency in the previous forecast, and amounted to 8,436 million b/d against an estimate of 8,342 million b/d.

Russia produces approximately 550 million tons of oil, which is 4,5 billion barrels.
those. 12,3 million barrels of oil per day.
all oil, easily recoverable and not so easily recoverable.

they only produce 8,5 million barrels of shale.

You can't just look at old news and agitation, you also need to know the reality.

[evgen1221]

With shale, in general, it smacks of a financial scam with additions, if they produced so much shale, then IMHO the oil prices of the Saudis would be ridiculously low. Plus, the ecology suffers greatly from shale mining by a gap, in Siberia, because of the sparsely populated area, this is not very clearly manifested, and in the states of uninhabited territories, oh, how few, if any, there are, and with such declared volumes of shale mining, it is possible to litter territories twice, not in the same place such volumes are mined, the howl would leak out to any one, no matter how silent. However, everything is quiet like ours. And this indirectly leads to thoughts about giant postscripts for slate.

[SovAr238A]

Quote: evgen1221

It won’t be possible to replace it quickly, the Saudis don’t have enough light oil left, not so long ago they wanted to sell Saudi Aramco for a lot, and there was a lot of confusion with the audit in terms of reserves, plus the plants are sharpened for certain grades, Europe and America for heavy oil from us and Venezuela, the light one was used for all sorts of other things and was resold. Factories same remake oh how not quickly.

Right now, Venezuela will be given an ultimatum.
And if they set conditions for Maduro with good benefits. he will agree...

Or they will withdraw the rejection of Canadian heavy oil and still build a pipeline from Canada to the United States.
And don't give a damn about Europe.

[evgen1221]

In Europe, in any scenario, the bolt is laid by the states, you are only to blame for the fact that you have grown fat and it's time to cut you into a delicious steak for Uncle Sam. Canada, of course, will stretch the pipe, but will they be enough to provide America with their gigantic fleet and love for big engines, plus their own needs, plus production?

[Brturin]

Quote: evgen1221

but will they be enough to provide America

The situation is not so hot, but for some reason the states do not open their egg-box ... they are waiting ... unless, of course, we consider the option of "spoiled" oil in storage ...

[Kerensky]

then within a couple of years they will be able to replace all our oil.
This is a fact.

Oh, not true! They make a lot of things out of oil ... Will they master the production of wooden wheels and gird themselves with hemp?

[SovAr238A]

Quote: Kerensky

then within a couple of years they will be able to replace all our oil.
This is a fact.

Oh, not true! They make a lot of things out of oil ... Will they master the production of wooden wheels and gird themselves with hemp?

Well, before writing propaganda about hemp and wooden wheels, look at Russia's share in world oil - there is 12%.

12 percent.

Not 25, not 30, not 40, not 50...

and only 12...

[Luminman]

Don't care about them at all!

[stels_07]

Shaw? What $300? At $150, most likely everyone will increase production

[evgen1221]

Then they made a proposal in a hearse to the State Duma, but should we think about withdrawing from the WTO?

[Brturin]

For 2021 - In general, the EU countries accounted for 47% of deliveries in physical terms (108,1 million tons; $50,9 billion). For comparison, in 2012 the share of the EU in Russian oil exports reached 67%. https://tass.ru/info/14008857 let them look for it, then bring it (part of the Russian one went through pipelines) ... Then the Egyptians decided to earn extra money in Suez - from March 1, the cost of passage for oil tankers increased by 10% ... and gas carriers got , discounts canceled - A large gas carrier carries a little more than 70 thousand tons of LNG (about 90 million cubic meters of gas). Judging by the tariffs of the administration of the Suez Canal, the passage of a gas carrier in both directions will now cost up to $ 700 thousand. Thus, the cost of each thousand cubic meters of gas will increase to $ 10, which, at current quotes above $ 1200, does not play much importance, but is a significant income for Egypt . https://edaily.com/ru/news/2022/03/16/egipet-reshil-zarabatyvat-na-prohode-gazovozov-cherez-sueckiy-kanal-na-polnuyu

[SovAr238A]

Quote: BrTurin

Here the Egyptians decided to earn extra money on Suez - from March 1, the cost of passage for oil tankers increased by 10% ... and gas carriers got it, discounts were canceled - A large gas carrier transports a little more than 70 thousand tons of LNG (about 90 million cubic meters of gas). Judging by the tariffs of the administration of the Suez Canal, the passage of a gas carrier in both directions will now cost up to $700.

If it is necessary, they will go around, this increases the time by 14 days.
We were walking when the container ship got stuck.
A day of tanker rent is about 30-50 thousand dollars.
That is, the Suez Canal sets only such prices, which, in principle, are slightly cheaper than walking around.

[rocket757]

If the West refuses Russian oil, the price of it in the world can soar to $300-500 per barrel

. Well, yes, speculators rub their paws and began to count the profits, in advance.
Oil is not getting smaller, delivery logistics will go all head over heels ....

[Yaro Polk]

such oil prices like Russia are not profitable

[opposite28]

One gets the impression that with the start of Russia's special operation to denazify Ukraine, the plans of the United States and NATO were "slightly corrected" literally a day earlier, from the word completely "corrected".

[Svetovid Vatnikov]

The story of the ear with feet of clay is developing.
The Arabic casket just opened. In the late 80s, the FSA turned out an agreement with the Arabs, persuading them to increase oil production and reduce its cost, in connection with which the USSR lost significant foreign exchange earnings, weakening its economic position. It didn't work out this time, and even if it did, it wouldn't be as critical for us as it was in the past. Good gesheft is received by the Arabs from the established and future prices at the same time without additional costs. Arab sheikhs could not resist the proposals of Vladimir Vladimirovich - to earn dough and bring down the arrogance of the world teacher. And Russia, it seems, so casually kicked the world's fucking cattle, but in fact, increasing the number of their damages and misunderstandings of their cattle, and most importantly their population.
But gasoline in Russia should be cheap, otherwise it's all about nothing. Can it be done? Yes. But the question is primarily to those who receive hundreds of thousands and millions in salaries from the state every month for this. And fine work with those who receive billions, and undeservedly.

[Vavilov]

then there will be a greater demand in the world for the purchase and sale of oil in national currencies - without dollar "intermediation"

this is a koshcheev needle

[Mitia68]

The dollar will inevitably collapse in the next 30 years.

[Ross xnumx]

If the West refuses Russian oil, the price of it in the world can soar to $300-500 per barrel

The West is bluffing only to force Russia to give away its resources for free.
It is unpleasant for me to realize that for many in power and private entrepreneurs, recent political events have not become a lesson. You can’t sit with one ass on two chairs - be considered a patriot and sadly look back at your foreign assets ... I also don’t see the need to pay high salaries (over 200 rubles) anywhere in a difficult time for the country. And Miller today is unlikely to be poached today ... And Sechin ... And Manturov ... And scattering the orders of St. Andrew the First-Called, which were awarded to monarchs for a special status and position in society, is different ... also disgusting. As well as the titles of Heroes of Russia, especially in comparison with today's exploits of the Russian military ...

[gansales]

Some predict even $500.

Yes, at least 1000 pieces of paper ... Here the question is on the world agenda, in general, about the existence of such a currency as the dollar! Everyone understands that this is a soap bubble that is about to burst And Russia has launched this process !!!

[Vadim237]

That's what the Russian authorities have now really launched is the collapse of their economy - which turned out to be completely unprepared for the current new conditions, just like the Central Bank was not ready, since the decision on the special operation in Ukraine was really spontaneous, because if it were not so, we would 300 billion gold reserves would not have been frozen, they would have been transferred in advance to Russia, China and other countries.

[gansales]

Quote: Vadim237

special operations in Ukraine were really spontaneous, because if it were not so, we would not have frozen 300 billion gold reserves, they would have been transferred to Russia in advance, to China and other countries.

Approximately the same number of Western assets in Russia are pledged, so everything was calculated exactly. And if Western enterprises are nationalized, then it will cost a trillion there. That's how things are going!
I’m even sure that our gold reserves were specially left in the west as a trap ... Time will tell who is right

[Vadim237]

Only these Western assets are not money, but enterprises that work on Western equipment, software, use Western components, etc. - without them, all these assets are just an empty place from which there will be no sense for the economy, since after nationalization and leaving our market, all this just get up and this is millions of unemployed tax deductions and an increased budget burden and a drop in living standards. You and everyone else will feel all these delights in 3 months, since the hostilities in Ukraine will continue and no one will remove sanctions from us in the end, we will have to hang Ukraine around our necks, since any pro-Russian leadership that we put there for the West will not be legitimate and they will take the same sanctions against Ukraine that they have now taken against us - so you can now make a few more holes in the belt everyone will have to make belts it’s good to pull together for a very long time and about any development of the country in such conditions it can’t be all these long years of 16 years and more, Russia will have to spend huge amounts of money on import substitution and reformatting the entire economy, the search for new sales markets and sorties from the economic ditch into which we will fall this year and will be slowly sliding down and then slowly climbing out in the next years - You can't get out quickly.

[gansales]

Are you suggesting surrender..? Did I understand you correctly ?