Russisches Öl wird erneut überall weit über der Preisobergrenze der G-7 gehandelt

8 comments

1. *From Bloomberg News reporters Alaric Nightingale and Julian Lee:*

   Russian oil is trading far in excess of a Group of Seven price cap that’s supposed to deprive Moscow of revenue for its war in Ukraine, suggesting significant non-compliance with the measure.

   The country’s flagship Urals grade is fetching about $75 a barrel at the point it leaves ports in the Baltic Sea and Black Sea, according to data from Argus Media, whose price assessments are followed by some G-7 nations involved in the cap.

   US officials are tracking the price increase, which they attribute to broader geopolitical dynamics, according to a senior Treasury official.

   The US official said that cap is still having its intended effect, reducing the amount of money the Kremlin receives from oil sales by forcing the commodity to either be sold under the cap via western services, or through Russia’s shadow fleet

2. Usa has to admit that they cannot do shit to ruzzia and are not planning to help Ukraine/ their NATO allies in future

3. Not for long, once Ukraine finishes sinking the Black Sea fleet, the ghost oil fleet is next

4. Nobody gives a damn about g7 :/ this isn’t 20th century

5. Indias buying it, the west should sanction them.

6. Only one sanction works – Ukrainian UAV)

7. Sanctions never works. Instead of wasting time on them, west should supply Ukraine with ways to enforce these sanctions

8. Markets cannot be artificially “price capped”. That’s not how market works. Money always finds ways.

   The only thing that “price cap” is achieving – putting more money into the pockets of some shady dudes who help everyone work around these sorry attempts to control a free market.