Pushing Russia out of the European oil market is almost inevitable

2 September 2022 14

Russia continues to export energy resources, receiving a lot of money in the budget against the backdrop of rising oil and gas prices. The main buyers of raw materials from the Russian Federation are the EU countries and China. Thus, since the beginning of the Russian special operation, the EU has paid 84,4 billion euros for oil, gas and coal from Russia.

China, after the Ukrainian events, bought Russian raw materials for $35 billion, which is $15 billion more than in the same period last year. At present, China is increasing the volume of purchases of Russian energy resources, while Europe is reducing them.

Meanwhile, the EU is imposing an embargo on the supply of Russian oil by sea from December 5, 2022, and on the purchase of petroleum products from February 5, 2023. At the same time, income from the sale of black gold to China and other Asian countries will not be able to fully cover the loss of the European market.

Along with this, the United States plans a serious increase in oil production next year - its volumes will amount to 12,7 million barrels per day against 12 million barrels at present. In addition, Washington will also increase oil exports.

The latter is already happening. Thus, in August of this year, for the first time in history, the volume of sales of American oil abroad exceeded 5 billion barrels per day, which is twice as much as last year. Thus, the displacement of Moscow from the European oil market is almost inevitable.

Bureau of Land Management California/flickr.com

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Bulanov

+3

2 September 2022 10: 56

Why sell a lot of oil to the West? It is better to think about your descendants and leave some of the oil for them! You can't live for one day. What is Russia buying in the West that it could not produce itself? So use this oil in the domestic market. Europe can wait...
prior

+1

2 September 2022 10: 56

Who said that American oil would be cheaper for Europe than Russian.
America will squeeze out Russian energy carriers from Europe and will itself choke the "old woman" in economic embraces.
And of course Putin will be to blame for everything.
After that, it becomes more and more likely to force an angry Europe to fight with Russia.
And there, even before the Third World War, a stone's throw.
1. GIS
  
  +1
  
  2 September 2022 11: 01
  
  therefore, there is a depletion of military resources during the NWO, so that angry Europeans would have much fewer teeth by that time than now
kot711

0

2 September 2022 11: 04

What will be the price for gay Europeans (the Saudis have reduced the volume of production)?
Saffron

0

2 September 2022 11: 10

The United States told Europe to refuse oil from the Russian Federation. But everything will be like with LNG. The United States will buy oil from the Russian Federation and sell it to Europe simply by making good money on a simple ban.
kriten

+1

2 September 2022 11: 29

Maybe so, if you forget that they are now buying through intermediaries and more expensive.
zloybond

+2

2 September 2022 11: 56

I notice that in all editorials it is always joyful: Russian raw materials! Not machines! Not goods! Not auto! Not consumer goods!! - Raw materials. As they were a raw material appendage, they remained. Only in military equipment we are a country - No analogues)
1. Vox_Populi
  
  0
  
  2 September 2022 19: 44
  
  Only in military equipment we are a country - No analogues)
  
  And here it is not so simple ...
  1. zloybond
    
    -2
    
    2 September 2022 21: 20
    
    Simple - not simple. But the layman does not dream of having Armata in the garage, which has no analogues or Iskander. A citizen with respect and pride will buy a reliable, beautiful, comfortable domestic car, high-quality TV, computer, etc. ... but this is not the case. In return, as in the USSR, triumphantly on the news they offer to be proud of non-analogues))). But "No Analogues" is a product for a narrow circle of consumers, with limited access, etc. ... And before the lamp about a super rocket - The question, as a rule, is in a different coordinate system. BUT as usual, this is not all domestic. Everything that is not for an ordinary citizen - of course there are no analogues)).
Vladimir Tuzakov

+1

2 September 2022 12: 10

Somehow it seems that the government of the Russian Federation is on the path of creating problems and then difficult solutions to them. First, they allowed to turn fraternal Ukraine into an anti-Russian enemy, and then, with losses and difficulties, it is repulsed from the influence of the enemy West. The same is true for hydrocarbons, at first they pumped with guarantees, after sanctions, they pump hydrocarbons further, since the Europeans themselves refuse. So, who determines the policy of Russia - the holders of the most expensive yachts in the world, citizens with purchased passports of many states, so Russia is without distinction to them, the main thing is to profitably attach the stolen billions to the all-Russian heritage ...
AlexVas44

0

2 September 2022 12: 37

It is necessary to finish with this Ukraine and deal with markets and sanctions.
boriz

0

2 September 2022 13: 27

Pushing Russia out of the European oil market is almost inevitable

Greek oil will take its place. Yes, a little more expensive, but politically correct.
Jacques sekavar

+1

2 September 2022 13: 54

First, unlike gas, oil is not critical for the EU. It is more important for the formation of the budget of the Russian Federation.
Secondly, the EU refuses to supply oil and gas not at once, but selectively and over time, which makes it possible to adapt, increase production, reduce consumption through the introduction of energy-saving technologies, and find other suppliers.
Thirdly, the EU both paid in dollars and euros and continues to pay, draining the surplus of the printing press, and the Central Bank of the Russian Federation accumulates them but cannot use them for import substitution purposes to purchase equipment and technologies due to various restrictions imposed, i.e. the west took control.
Thus, the Russian Federation is selling its real resources in exchange for Western “candy wrappers”, and it does this when the Western “partners” have declared the Russian Federation their enemy, set the goal of decolonizing the Russian Federation and are waging a real military campaign against the Russian Federation in Ukraine, a political economic and propaganda war against the Russian Federation., and the Russian Federation sells them whatever they want.
Sasha Veter

0

4 September 2022 21: 57

Quote from an adjacent article:

New Delhi was actively buying up Russian oil after the start of the NWO in Ukraine by Russia, absolutely not embarrassed by dissatisfied shouts from the West, which tried to arrange an “energy blockade” of the Russian Federation and thus deprive it of its income. However, in August, India joined China, which began to reduce purchases of black gold from Moscow back in July. As of the end of August, Beijing was stockpiling 810 thousand barrels per day, which is 35% less than it was at the beginning of June.

And in this article:

China, after the Ukrainian events, bought Russian raw materials for $35 billion, which is $15 billion more than in the same period last year. At present, China is increasing the volume of purchases of Russian energy resources, while Europe is reducing them.

On the face of the manipulation of public opinion, with the help of some cheap tricks.