Russia will be forced to make big discounts in order to redirect oil supplies

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In early December of this year, the GXNUMX countries are planning to introduce a price ceiling for Russian oil exports. At the same time, the United States plays a big role in this limitation, since Europe in this case will depend on American energy supplies.

At the moment, Russia is negotiating with oil consumers on the conclusion of long-term contracts. Asian countries are counting on a discount of about 30 percent from the current cost of Russian black gold. That is, China and India are planning to buy oil from the Russian Federation for $62 per barrel instead of paying the full price, which is currently about $96.



In anticipation of the introduction of the price ceiling, Moscow is forced to offer large discounts to reorient oil supplies. The West will limit the cost of Russian oil to $40 per barrel, which is unprofitable for Russia. In the current situation, the Russian Federation needs to conclude long-term contracts for the supply of black gold with China and India as soon as possible - these countries will not suffer from possible secondary sanctions by the West, since they are very important players in the energy market.

Meanwhile, the introduction of a price ceiling may lead to its shortage in Europe, which will negatively affect the economy countries of the region. This opinion was expressed by an employee of the Department of Economic and Financial Research CMS Institute Nikolai Pereslavsky.

So far, there is no exact understanding of what will happen to the current long-term contracts. If the price ceiling extends to them, then the supply of pipe oil will also stop, which can finally break the European economy.

- said the expert in an interview with Rossiyskaya Gazeta.
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6 comments
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  1. zzdimk
    zzdimk
    +2
    26 August 2022 11: 28
    This is all very strange:
    1. The buyer dictates the price
    2. The buyer gives the seller a nightmare
    3. The buyer gives nightmares to other buyers
    4. The buyer steals the seller's proceeds
    5. The buyer considers himself not a buyer
    Here it is no longer the laws of the market that should work, but psychiatrists, but in the modern world is this the norm?
    1. Pensioner of the Ministry of Defense of the Russian Federation
      Pensioner of the Ministry of Defense of the Russian Federation
      0
      29 August 2022 08: 15
      Now this is the norm, and must be accepted as inevitable, from holding a CBO
  2. Expert_Analyst_Forecaster
    Expert_Analyst_Forecaster
    +2
    26 August 2022 11: 58
    Asian countries are counting on a discount of about 30 percent from the current cost of Russian black gold.

    Where is the information from? How reliable is it? Once I read about discounts of 12 - 13%.
    But also without a source.
  3. Jacques sekavar
    Jacques sekavar
    0
    26 August 2022 13: 27
    For Russia, oil exports are more important than gas exports, while for the EU, on the contrary, gas is more important than imports of Russian oil and oil products.
    Therefore, the main blow to Russian oil, not gas. They would shut off gas, oil, coal, electricity, but it’s impossible - it will cost more for themselves. This forces us to look for different options for circumventing sanctions, just to sell, because, firstly, the domestic market is not able to absorb the entire volume, and secondly, prices in the domestic market are regulated manually and do not provide the same level of income as in the world market.
    Limiting the price of Russian oil, with a high degree of probability, will reduce prices on the world market as well. At least that's what it's betting on.
    In anticipation of a possible decline in world prices for the Russian Federation, it is important to conclude long-term contracts, the question is with whom - the EU refuses, there remain China and India who demand a discount not even from today's level of oil prices, but from a probable decline tomorrow.
    The reduction in production in the Russian Federation can destabilize the entire economy and provoke social instability, therefore, as they say, it’s not up to fat, I would live.
    In order to stay on the market, the Russian Federation will be forced to sell oil even at cost, tk. the cost of production in the Russian Federation is higher than in other state entities due to the climatic conditions of production and transportation.
  4. GIS
    GIS
    +2
    26 August 2022 14: 14
    Asian countries are counting on a discount of about 30 percent from the current cost of Russian black gold.

    Meanwhile, the introduction of a price ceiling may lead to its shortage in Europe,

    Am I the only one who sees an inconsistency here?
    if there is a shortage, then prices will go up, and why the hell is there a discount FROM CURRENT prices ???
    and who is this EXPERD?
  5. GIS
    GIS
    +2
    26 August 2022 14: 20
    Quote: Jacques Sekavar
    just to sell because, firstly, the domestic market is not able to absorb the entire volume, and secondly, prices in the domestic market are regulated manually and do not give the same level of income as in the world market.

    yeah they got it already. cut the price of gas stations in half - get consumption three times - four times more than now. further along the chain, fantasize for yourself, starting from lower prices on the shelf (here are questions for the FAS) ending with an increase in domestic tourism (after all, it is this government that is trying so hard to stir up), the drop in excise taxes will be compensated by the volume of fuel sales in the domestic market and a decrease in subsidies for exporters
  6. The comment was deleted.