Washington Post: The West has survived without Russian oil, but this is only the beginning

Western media continue to comment on the price ceiling for Russian oil, previously introduced by Washington and some of its allies around the world.

Among these media is the American daily newspaper The Washington Post, which has previously paid much attention to the topic of sanctions against Russian energy carriers.

The last Russian barrels have been shipped to European ports. Moscow lost the sales market by more than 1,5 million barrels per day. And it looks like it will lose another 500 barrels a day of sales by the end of the year if Poland and Germany meet their commitments to stop pipeline imports.

- writes The Washington Post.

The resource notes that the United States no longer believes that oil sanctions against the Russian Federation can harm the world market, although such concerns were previously present.

EU sanctions not only did not cause a shortage of crude oil, but also led to a local glut of these markets. A huge volume of Russian oil competes with flows from traditional suppliers in the Middle East, and sellers [from Russia] are forced to make big discounts to compensate for the high cost of longer transportation required to bring cargo from the Baltic Sea

- noted in the article.

The publication contains an opinion that the West has coped with the lack of Russian oil.

For now, the world is coping well with the redirection of Russian oil from Europe to Asia, and the costs, as they hope in Western capitals, fall on the Kremlin

- the article says.

However, the current situation can change in a short time, because the PRC is already abandoning its policy zero tolerance for covid, which will lead to an increase in industrial production.

In addition, only the forthcoming ban on the supply of refined oil products of Russian origin can have a potentially much more tangible negative effect for Europe. In particular, we are talking about diesel fuel. The effect of his eventual disappearance on Europeans is called "dramatic" in a Washington Post article.

The only comment on the article from a DontLookUp reader:

"Russia feels the pain of the European oil embargo"? Oh my goodness! Yes! Well, it seems that the whole world agrees with the EU, the US plus the UK that joined them, that it is better to starve to death than to use "non-free and democratic oil" from Russia.
  • Photos used: Bureau of Land Management California / flickr.com
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  1. zzdimk Offline zzdimk
    zzdimk 16 December 2022 15: 19
    I don’t understand why the price ceiling for iPhones and so on has not yet been introduced?
  2. anti-aircraft gunner 16 December 2022 15: 44
    Generally ban all oil exports. Process it yourself and direct it to your needs. And sell petroleum products.
    1. Nelton Online Nelton
      Nelton (Oleg) 16 December 2022 16: 00
      Quote: Anti-aircraft gunner
      Process it yourself and direct it to your needs. And sell petroleum products.

      In 2021, the Russian Federation exported 49 million tons of diesel fuel and 4.4 million tons of gasoline.
      But oil is much more convenient in terms of logistics, and the price gain is small.
      oil was sold at an average price of $479/t,
      DT - 531 $/t.
      well, they continued to trade in fuel oil (remains from processing), at a price of $ 390 / t.
      True, fuel oil was sold less and less every year, with the introduction of new installations, the depth of processing is growing.
  3. Irek Offline Irek
    Irek (Paparazzi Kazan) 16 December 2022 17: 16
    America forced the Geysoyuz to impose sanctions against our oil, while they themselves continue to buy it after the Saudis sent them ...
    1. Nelton Online Nelton
      Nelton (Oleg) 16 December 2022 18: 52
      Quote: Irek
      America forced the Gay Union to impose sanctions

      By the way, this is a separate interesting question, how much the United States will have enough resources (political and economic) to force almost the whole world into sanctions. It is in the EU that they are even more or less in solidarity, they remember the smell of Russian kirzach. And the countries of Asia-Africa-Latin America will have a carrot and a stick. Nobody likes a whip, there are not enough gingerbread for everyone ...

      After all, they will begin to deceive the hegemon quietly, and send, and look for / create alternatives to all those goods and services (for example, tanker insurance) that the hegemon uses as coercive levers.

      In this aspect, the Russian Federation should just refrain from further escalation. And not just stay under the sanctions, but defiantly continue to live a full life. Shine with the lights of the mall, build new skyscrapers, highways, etc. All this will greatly infuriate the Western man in the street, who wants to see mobilization, nationalization and other gloominess at his expense.
      1. goncharov.62 Offline goncharov.62
        goncharov.62 (Andrei) 16 December 2022 19: 39
        This requires an IDEA. She was killed ... And "sleep and eat - of course, it's great" - but this is not for Russia. Just a hint...
        1. In passing Offline In passing
          In passing (Galina Rožkova) 16 December 2022 20: 30
          Protect and multiply the wealth and glory of the Fatherland (s) - that's the whole idea. It's not about food, and it's not about your pocket. But people...
  4. goncharov.62 Offline goncharov.62
    goncharov.62 (Andrei) 16 December 2022 19: 36
    You see, dear ones... The pendulum is so... Here and there. This is our Supreme, like a kitten, affectionate. But Russia will get tired of it, and it will call for Volfovich's type. We are peaceful people. But we have a good memory ... No need to laugh, looking blown away ...
  5. Dima_2 Offline Dima_2
    Dima_2 (Dmitry Makarov) 17 December 2022 02: 25
    And the West, which is all the traps, has also not badly welded on this.