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TexasTowelie

(112,150 posts)
Thu Nov 24, 2022, 10:50 AM Nov 2022

Russian Oil Disaster - No Ships to Transport Oil to China & India as European Ban & Price Cap Loom



In this video I look at the Impact of the SANCTIONS on Russian OIL VOLUMES & REVENUE. The European Ban & the Oil Price Cap on Russian Oil both start on December 5th and Russia is desperately trying to avoid the ban and replace lost sales by selling more Oil to China & India. However one of the biggest issues is the Lack of Shipping available. In this video I look at the issues in detail and provide an assessment on the impact on the Russian Economy.

For specific details please check out the CHAPTER list below.

Chapters:
0:00 Intro
2:30 RUSSIAN SHIPPING CAPACITY
4:53 RUSSIAN OIL EXPORTS
11:04 OIL TANKERS
12:38 RUSSIAN SHORTFALL
15:20 OIL PRICES
20:00 RUSSIAN OIL DISCOUNTS
22:47 SUMMARY & CONCLUSION
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