Western hopes for a so-called oil price ceiling from Russia may be shattered by the reality of an energy crisis

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Western hopes for a so-called oil price ceiling from Russia may be shattered by the reality of an energy crisis

The Russian government commented on the introduction by the West of the so-called price ceiling for Russian oil. Recall that the limit of $60 per barrel will be in effect starting tomorrow, December 5.

Deputy Prime Minister of the Russian Federation Alexander Novak once again announced that Russia will not supply oil to those countries that are going to buy it, based on the same "ceiling" of $60. It is noted that deliveries will be carried out on the basis of the concluded contracts and at the prices prescribed in the contracts (market prices).



To date, the spot price for Russian Urals brand oil is within the range of $70 per barrel.

Experts in the field of economics note that the West, with its decision to introduce an upper price limit, is probing not even the Russian, but the world market. The hope in Europe and North America is that if Russia can be forced to sell oil below the market price, then the market price itself will begin to fall. However, these hopes may be shattered by the harsh reality of the energy crisis.

Energy resources are currently in great demand, including in connection with the recovery of the economy after the pandemic. If there is not enough energy resources on the world market, this can lead to an avalanche-like increase in prices for hydrocarbons and electricity. Accordingly, the West itself will have to, as it has repeatedly happened, make decisions on exceptions to sanctions, and even on their banal circumvention. One of the options discussed by experts is the appearance on the market of "exotic variants" of oil, when the West, under the guise of "Latvian" or "Cypriot" will continue to buy the same Russian oil.
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    1. +3
      4 December 2022 17: 01
      OPEC decided to reduce production by 2 million barrels per day. Continue to further reduce the price of Urals .. Sheep and New Gates ... Ah! Of course!
      1. +10
        4 December 2022 17: 09
        Decrease? And in the news it seemed that everything remained at the same level.
        1. 0
          4 December 2022 17: 22
          No, decline. All TG channels have already been written. It's just that the news is a little behind the Internet messengers.
          1. +1
            4 December 2022 19: 26
            Against the backdrop of falling oil prices, OPEC + opposes further production cuts.

            As gas prices continue to fall, a coalition of oil-producing countries led by Saudi Arabia and Russia on Sunday chose not to try to stop the fall by cutting global oil supplies.

            The decision to keep production stable was made on Sunday at a virtual meeting of the Organization of the Petroleum Exporting Countries and its partners called OPEC Plus.
        2. 0
          4 December 2022 17: 44
          Not quite so. With the recommended reduction in production
      2. +3
        4 December 2022 17: 10
        Yes, actually, give a fuck about electric cars, transportation by sea - how will they be, under sail? Will air transport be converted back to hot air balloons? And then the airships also did not fly on firewood. A luz costs 10 chatl, dear winked
      3. +1
        4 December 2022 17: 12
        Quote: dmi.pris
        OPEC decided to reduce production by 2 million barrels per day. Continue to further reduce the price of Urals .. Sheep and New Gates ... Ah! Of course!

        So a recession is expected next year. They are afraid that there will be a fall in prices, as in 2015.
        1. +9
          4 December 2022 17: 28
          Quote: Aron Zaavi
          So a recession is expected next year. They are afraid that there will be a fall in prices, as in 2015.

          There will never be a recession, at the moment energy resources have real prices, with the exception of oil (its real price is 120-130 dollars), and never again will prices fall lower in the world. Capitalism itself wanted this, breaking the connections established over 80 years, prices, logistics, built with such difficulty. The West broke it in one fell swoop in a month. It's time to get used to, to live within your means - "according to Senka and a hat."
          1. 0
            4 December 2022 17: 54
            Quote: carpenter
            Quote: Aron Zaavi
            So a recession is expected next year. They are afraid that there will be a fall in prices, as in 2015.

            There will never be a recession, at the moment energy resources have real prices, with the exception of oil (its real price is 120-130 dollars), and never again will prices fall lower in the world. Capitalism itself wanted this, breaking the connections established over 80 years, prices, logistics, built with such difficulty. The West broke it in one fell swoop in a month. It's time to get used to, to live within your means - "according to Senka and a hat."

            Well, let's see.
            1. +2
              4 December 2022 18: 30
              Quote: Aron Zaavi
              Well, let's see.

              Blessed is he who believes.
      4. +2
        4 December 2022 17: 18
        Now the entire progressive West will go crazy from rising prices)))
        1. +4
          4 December 2022 18: 41
          Quote from savelii1805
          Now the entire progressive West will go crazy from rising prices

          So that the West does not go crazy, you just need to freeze it.
      5. +4
        4 December 2022 17: 27
        Not a decrease in production, but left as is. The US and EU wanted to increase this quantity so that the price would drop.
      6. 0
        4 December 2022 17: 30
        Quote: dmi.pris
        OPEC decided to reduce production by 2 million barrels per day

        When? This was the FUNDAMENTAL factor of where the situation will turn after the decision of the EU and K. Even now I can’t imagine how much money the US will start raking in ...
      7. 0
        4 December 2022 17: 33
        You have electric cars all around and you don’t need gasoline .. Yeah ..

        Who ride on wooden wheels?
    2. +1
      4 December 2022 17: 06
      Nothing will come of them. Another show-off stupid Ursul and borrels.
    3. 0
      4 December 2022 17: 08
      Deputy Prime Minister of the Russian Federation Alexander Novak once again announced that Russia will not supply oil to those countries that are going to buy it, based on the very "ceiling" of $60

      What will we not deliver to China? Or does anyone have illusions that China and India will buy more than the ceiling?
      1. 0
        4 December 2022 17: 15
        They will easily buy more expensive than the ceiling. For oil is a great value in itself. Here you have to look at the market conditions. Plus, Russian oil can easily go not for dollars, but for yuan or rupees, and this is also an additional bonus for the buyer.
      2. +1
        4 December 2022 17: 22
        Z.s. China and India can buy cheaper than the ceiling, the main thing is that Europe then buys Russian oil from them at a much higher price. For the ceiling still significantly covers the cost of production, and the sale of oil for the same India does not bear risks with payment and other sanctions.
        1. +10
          4 December 2022 17: 43
          That's right, Roma, India and China will buy below the ceiling and then probably resell at a higher price. If they don't already. But this does not make it any easier for us, the fact is that the country will sell oil cheaper, which is what the United States and allies are striving for, there will be less money in the country, well, you yourself know everything that follows, or maybe you have already seen if lived in the 80s and 90s.
          1. 0
            4 December 2022 18: 38
            Yes, I remember oil at $8 a barrel. But now the situation is different. The reduction in oil production by both Russia and the Arabs at the same time will keep prices high. The Arabs do not intend to dump, as under Reagan.
        2. 0
          4 December 2022 17: 47
          Quote: Roma-1977
          For the ceiling still significantly covers the cost of production, and the sale of oil for the same India does not bear risks with payment and other sanctions.

          Maybe BUT, Russian oil and India are a little closer to the moon. From. India to the Persian Gulf countries is 10 times CLOSER. Doesn't such crazy logistics cover the price gain? hi
          1. +5
            4 December 2022 18: 35
            And no one will carry oil to India. We fill it in Russia in a tanker, tacitly owned by the structures of the Russian Federation, we receive payment from India. And the tanker goes to neutral territory, where Russian oil is diluted with Arab oil, and goes to Europe without calling at India, but at a different price.
            1. +1
              5 December 2022 15: 30
              Yes, they won’t even bodyate it, it will already be Indian oil, which is not subject to any sanctions. Neither Europe nor the states will go against India.
      3. 0
        4 December 2022 17: 23
        It all depends on demand. If there is demand, there will be supply.
    4. -1
      4 December 2022 17: 08
      They are merchants for the country in which they feed, they don’t get sick, the main thing is money. That's how they would howl if our traders began to refuse to pour gaskets into the ships, but only to the allies? They would have seen the current problems as a showdown in a children's sandbox.
      1. 0
        4 December 2022 17: 19
        Quote: evgen1221
        That's how they would howl if our traders began to refuse to pour gaskets into the ships, but only to the allies?

        why? and the allies do not pour?
    5. +5
      4 December 2022 17: 13
      Selling unprocessed raw materials is a crime. Wake up.
      1. 0
        4 December 2022 18: 41
        Not really. Creating an infrastructure for processing raw materials is not a matter of one decade and not one hundred billion dollars. And the money is needed already yesterday.
        1. +6
          4 December 2022 19: 23
          Creating an infrastructure for processing raw materials is not a matter of one decade and not one hundred billion dollars. And the money is needed already yesterday.
          And that we are 30 years old, we fell in love and didn’t develop our own, but in this situation God himself ordered, because we have the entire periodic table, don’t sell raw materials, make oils, polymers, develop machine tools, otherwise you’ll have to lie to the west and endure.
          1. +1
            4 December 2022 23: 16
            And how do Russian oligarchs "work"? Everything is simple with them - he stole natural resources from the people, "oiled" the purchased bureaucracy and everything stolen offshore or in real estate on the territory of "Western partners" (Lavrov's favorite expression)! How much have the Russian oligarchs done for the development of industry in Russia, the processing of raw materials?
        2. +2
          4 December 2022 21: 51
          So it had to be built for more than a decade. And invest in it. And do not put it in Western thieves' banks.
      2. +5
        4 December 2022 19: 46
        Quote: arhitroll
        Selling unprocessed raw materials is a crime. Wake up.

        Our oligarchs money and so go! And minimal expenses. Yes, and they will not invest money in this country. Yes, there will be darkness for employees, they will suddenly go on strike. Extra hemorrhoids. hi
        RS. Power allows, and often "tied" with them, it's not a crime - they give orders here.
    6. +2
      4 December 2022 17: 15
      . The hope in Europe and North America is that if Russia can be forced to sell oil below the market price, then the market price itself will begin to fall.
      The situation is ... multi-layered, as it were.
      It is, as it were, each for his own, but when those who want to rob, once again, all / many others, they, the rest, can make those graves a big goat's face!
      1. +3
        4 December 2022 18: 52
        Good time! hi

        Everything is going to what will be for them all (the West), for all their cunning ass, a huge problem, in the form of rising prices ...
        1. +2
          4 December 2022 19: 13
          Hi soldier
          "united, progressive, west" decided to play around with re-colonialism ... it jumped, he, and things suck, in general. The rest of the world has learned to live without them, and very well, if you look!
          In now, the former "masters of the world" will grumble in full ... that is, the boomerang has returned!
          1. +3
            4 December 2022 21: 21
            Uh-huh, the boomerang not only returned, but demolished their entire superstructure, so created and protected by them ...
    7. +4
      4 December 2022 17: 19
      The Russian people will be very vigilant to see if it is true that oil is not sold to countries that have violated the freedom of market prices. Let's see if a new Kherson tanker will appear this time. Less chatter and more concrete and confirmed facts. We will soon see if Novak is a serious man or a parrot from Brazil
    8. +1
      4 December 2022 17: 25
      In this case, you need to look at how the market will react. So far, we are judging everything by the opinion of politicians who do not particularly understand this white matter. Only the market will decide the issue with the price ceiling. Although I can hardly imagine how you can persuade sellers to buy oil from you for $80, if they sell for $60 nearby.
    9. +2
      4 December 2022 17: 27
      Opec + countries confirmed that there will be no changes in the parameters of the November deal. If the United States wants to lower the price of oil, let it export more! Moreover, they bent Venezuela, but when will they get hot with production there? Tomorrow 5, the exchanges will show who shat where. sanctions with a ceiling on oil prices, a hole on a hole and a hole chasing. The only thing is that the discount to Brent has grown.
    10. +5
      4 December 2022 17: 46
      Deputy Prime Minister of the Russian Federation Alexander Novak once again announced that Russia will not supply oil to those countries that are going to buy it, based on the same "ceiling" of $60. It is noted that deliveries will be carried out on the basis of the concluded contracts and at the prices prescribed in the contracts (market prices).

      in the coming days, we'll see what's in your pants, comrade Novak, and not on your tongue
      1. -1
        4 December 2022 22: 26
        As always, they will bend, because the loot wins. And the people, with the help of the Zinalov-Skabeev-Soloviev, will again begin to piss in their ears that this is how it should be.
    11. +4
      4 December 2022 18: 50
      One of the options discussed by experts is the appearance on the market of "exotic variants" of oil, when the West, under the guise of "Latvian" or "Cypriot" will continue to buy the same Russian oil.


      They are bored with life, they shoot themselves in the legs ...

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