Demand for Russian oil reaches a record, and crude is quoted above the EU price ceiling

The United States financial leadership, represented by the Treasury Department, which was the primary initiator of the global embargo on Russian oil and the price cap, believes that the sanction is working as it should. However, the reality studied by Bloomberg experts shows the opposite picture.

For example, the domestic Urals brand is quoted cheaper than the ceiling, but the deficit that arose after the restrictions were put in place dropped the cost of freight, which made it possible for suppliers from the Russian Federation to raise prices and receive additional profit. Apparently, only this fact can be referred to by the US authorities, since export Russian oil, supplied as ESPO (pipeline supplies to the eastern port and then to the tanker), is quoted much higher than the price ceiling and is in incredibly high, record demand.

Western analysts are sounding the alarm, as the first results of the week of the limit and the embargo are disappointing. Russia is sending more than three million barrels of crude oil per day to Asia every day after the embargo and price cap. This data confirms the resources for tracking the route of merchant ships. Raw materials sent to Asia are sold to buyers of domestic oil in China and India, which accounts for 89% of all cargo that left Russian ports last week.

According to agency experts, demand for Russian oil has reached a record, and crude is quoted above the EU price ceiling, because Moscow is well prepared: it has its own tanker fleet and insurance companies recognized by customers in Asia. However, this is still a convention, since cooperation is so profitable that many consumers are willing to take risks.

For example, the so-called teapots, that is, Chinese refineries, who do not really care about sanctions and the legal purity of transactions, but only about profits, willingly take raw materials from the Russian Federation. In India the situation is similar. All these conditions, fueled by the embargo and the price cap, contributed to the prosperity of the product from Russia under the most severe pressure.
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  1. kriten Offline kriten
    kriten (Vladimir) 13 December 2022 10: 21
    Nothing can be asserted. Too little time has passed. The effect will be clear no earlier than two months later. Then we'll see what happens.
    1. zenion Offline zenion
      zenion (zinovy) 13 December 2022 21: 38
      Everything can be confirmed! Is this statement true, that is the question.
    2. shinobi Offline shinobi
      shinobi (Yuri) 14 December 2022 01: 24
      The client will take where cheaper. It was understandable, this was the calculation. BUT! Who said that this client is only the West? they now have $65-80. We have $35-45. The Saudis have $15-20. By setting a lower threshold of $60, they brought down our income, but killed their industry. Simple mathematics, apparently completely inaccessible to US politicians.
  2. Alex Offline Alex
    Alex (Alexander) 13 December 2022 12: 33
    Well, on the second day after the introduction of the embargo and the fall in prices for Urals, many lamented, everything came, prices fell, etc., etc. Not with those, "dear comrades", everything will be fine, and so in this crisis the President and the Government find money not only for the NWO and other strategic needs, but also for the support of the population. We have not had this in the entire history of the state, starting from the 9th century, that is, from the moment of its creation.
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    2. Soslan Loloew_2 Offline Soslan Loloew_2
      Soslan Loloew_2 (Soslan Loloew) 13 December 2022 15: 05
      That's exactly what it is! Positively surprised how Russia resists all Western sodomism led by the United States! Well done!
      1. Saffron Offline Saffron
        Saffron (Igor) 14 December 2022 07: 24
        It's simple, now we are allowed (more precisely, we do not ask permission now) to do what was previously allowed exclusively by the US and the EU
    3. Andrey Andreev_2 (Andrey Andreev) 13 December 2022 20: 02
      That's for sure, this has never happened, so that they could not create their own telephone, car, machine tool ... not to mention chips, etc. Under whose rule did Russia lose its industry?
    4. aslanxnumx Offline aslanxnumx
      aslanxnumx (Aslan) 13 December 2022 20: 17
      They support the population so much that there is not enough money for scarves to wipe away tears from tenderness.
      1. zenion Offline zenion
        zenion (zinovy) 13 December 2022 21: 42
        Reminds me of a Ukrainian joke. Tato killed a wild boar and went with his son to the market to sell meat. The father cuts and weighs, the son takes the money and gives change. They traded for a whole hour and finally the son said to his father - stop trading tato, there is nothing to give back. Money does not fall from the tree, someone brings it to the cashier.
  3. Alex D Offline Alex D
    Alex D (Alex D) 13 December 2022 18: 20
    In a country in which the State Bank has not been created, I don’t understand how it can affect anything other than replenishing pockets of money. Most readers are unlikely to be interested in this.
  4. Alex D Offline Alex D
    Alex D (Alex D) 13 December 2022 18: 24
    Quote: Soslan Loloew_2
    That's exactly what it is! Positively surprised how Russia resists all Western sodomism led by the United States! Well done!

    There is definitely an effect! Only in Russia itself is not getting better!
  5. Foe Pshekov Offline Foe Pshekov
    Foe Pshekov (Arkady) 14 December 2022 05: 59
    It's too early to rejoice. First declare the real selling price. Secondly, show what currency, which accounts have fallen, into whose pockets the money will go, how many taxes will come to the budget.
    Or maybe now the cunning uncles are selling the national property at half price, and putting the money into their accounts in Asian banks. Then we need to hang these uncles on poles, and nationalize all the subsoil and oil rigs back, under the people's property
  6. Evgeny Zbar Offline Evgeny Zbar
    Evgeny Zbar (Eugene Zbar) 14 December 2022 10: 00
    In countries where there is a CENTRAL BANK (subordinate to the US Federal Reserve), there is not and will not be an independent policy, all this is just a circus for the imbeciles. When GOSBANK is restored in the Russian Federation, then we will get rid of the fucking dollar (like Iran, for example), and we will be able to pursue an independent policy
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