Russia conducted a profitable "castling" in the world gas and oil market


For two weeks in July, a 30% drop in Russian crude oil supplies to the markets of India and China, which have recently been considered important importers of domestic raw materials, was recorded. Such a collapse was recorded by Bloomberg analysts, comparing the supply figures for April (a record level) and July of this year (a sharp decline). However, it is too early to talk about intermediate results, since the real “castling” of Russian raw materials in the markets of Asia and Europe is behind the decrease in supplies.


In any case, the rise in oil and gas prices allows Russia to receive large revenues from declining exports. The Russian Federation has almost stopped deliveries of products to Asia, with the exception of India and China. Rare cargoes are shipped to Japan and South Korea from Russian Pacific terminals. By sea, the Russian Federation exports up to 55% of its raw materials. The average daily volume of deliveries to China amounted to more than 700 barrels.

Some changes in the structure of shipments took place in several weeks of July: the average volume of cargo delivered to prospective customers in India and China was the lowest in the last 15 weeks. However, at the same time, the shipment and supply of Russian oil to the Nordic countries began to grow, despite the current EU sanctions. Oddly enough, the main consumers of the sub-sanctioned product were the Netherlands, as well as Poland and Finland. It is reported by Bloomberg.

In the case of exported natural gas, the reverse transformation took place. Fuel literally began to leave its long-held positions in Western energy markets and "moved" firmly to China, which for three days in a row (from July 17 to July 19 inclusive) set records for daily fuel consumption from the Russian Federation. Although such a “fate” was prophesied precisely for oil, which fell under the sanctions of the European Commission before blue fuel, which was forced to go to Asia.

If you look at the described alignment and take into account the temporary decrease in demand in Asia, as well as the entry into force of the pending energy sanctions of the sixth package, then the Russian Federation carried out a rather profitable “exchange” of the gas and oil markets. It is possible that after some time the reverse "castling" will happen again, as global markets are characterized by instability and serious fluctuations in value and demand.
  • Photos used: pxfuel.com
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  1. Vadim Sharygin Offline Vadim Sharygin
    Vadim Sharygin (Citizen) 21 July 2022 10: 57
    +2
    If the Russian leadership began to seriously consider its domestic oil and gas consumption market as a promising, key, reliable and most important for political stability and security, and development, then in a year the well-being and strength of the basis of the middle class, and therefore the whole country, would be noticeable would have grown. Instead of one-time financial handouts from the lord's shoulder for holidays and anniversaries, hundreds of thousands of actively developing households would arise, they could be supplied with gas for free (on a turnkey basis) and then receive lifelong stable payers, replacing with success and benefit for the state and German schols, and Polish Kaczynski, and many other suppliers of weapons to Ukrainian Nazism. The all-Russian free "turnkey" connection program could be supported by a system of guaranteed municipal purchases of vegetables and fruits for new municipal food chains, an alternative to the current network halabuds of domestic business grabbers and grabbers of the Mtsensk district, famously winding up their greed and cynicism on the prices of foreign goods of an anti-national quasi business of modern ersatz-Russia. Together with the export of gasoline and other finished derivatives of oil, subject to cheaper gasoline at the same municipal gas stations, in contrast to the current ones, in the end, it could create a self-sufficient Russia, the country of Stolypin and Witte, and not the territory of Shvonder and Sharikov, officials -oligarchs with faces that barely fit into the borders of the television screen and multimillion-dollar barbecue makers, owners of useless professions for the future of the country, on the way to impoverished old age and retirement!
    1. Sergey Zolotov Offline Sergey Zolotov
      Sergey Zolotov (Sergey Zolotov) 22 July 2022 11: 43
      +1
      It is impossible to compare our domestic market with the price of gasoline $0,8 - $0.9 with export markets, where the price is $2,0 - $2,5. With gas, the situation is similar - its cost for domestic consumers is several times, if not ten times lower. You also do not take into account the cost of connection, which "free of charge and on a turnkey basis" for the supplier will never pay off. This makes no economic sense. And if we talk about the meaning of the political, then we need to invest in this process such an incredible amount of resources that we will not master it not only in a year, but not five or ten. These are trillions of rubles. I agree that it is still necessary, but first you need to raise the industry, establish import supplies of critical components, put logistics in order, and become a truly independent country in this regard, and only then engage in such populism, albeit important for the specified You "wealth of the middle class."
      1. Monster_Fat Offline Monster_Fat
        Monster_Fat (What's the difference) 22 July 2022 23: 45
        0
        I wonder at what price, in fact, China buys Russian oil ....
    2. maiman61 Offline maiman61
      maiman61 (Yuri) 27 July 2022 17: 32
      0
      Funny. Who is easier to manage? Rich and successful, or poor and sick?