The West has already felt Russia's opposition to the price ceiling

December 29 2022 6

The collective West is unwilling and frightened by the prospect of permanently high prices for oil and gas, but can do nothing about it. Rather, he does not even want to, because, introducing a ceiling on gas and oil prices, he was well aware of such predictable consequences. Even more predictable were Russia's response to the coalition's painful restrictions on raw materials from the Russian Federation.

So it can be argued that the EU and the G7 went to increase the cost of oil almost consciously. And the price ceiling will definitely lead to the growth of quotations and keeping them at a high level for a long time. Christian Kopfer, commodity market analyst at Handelsbanken, stated this in an interview with SVT TV channel.

The specialist is completely sure that in this case it would be the best way out simply to get used to living in an era of high energy prices, much higher than it has been customary until now. Moreover, the countries that have adopted price capping rules have already felt Russia's reaction to the West's attempts to restrict exports and revenues from it.

The expert is most fearful and alarmed by two factors: Moscow’s desire, as a countermeasure to the West, to reduce oil production and recovering from covid economy China. Taken together, this is an explosive mixture for the industry market. Almost certainly prices will skyrocket in the very near future, Kopfer is sure.

The financier does not at all blame Russia for the current situation, on the contrary, only the West is to blame for what will happen in the future. It has long been known that the Russian Federation is a key player in the market, and that demand and demand for oil is growing, while investment in production is declining. Additional interference with this apparent imbalance through any restrictions and ceilings will only worsen the situation.

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lord-palladore-11045

-1

29 December 2022 10: 02

Go on foot geyropa, good for health.
1. lord-palladore-11045
  
  0
  
  29 December 2022 19: 40
  
  Was it the one whom I hooked well that minus me? Shame on the author.
The comment was deleted.
kriten

+1

29 December 2022 11: 27

So far, apart from words, the West has felt nothing. Oil is selling below the ceiling and volume losses will drastically affect our budget.
Jacques sekavar

+4

29 December 2022 13: 41

The goal of all sanctions and price ceilings is to undermine the Russian economy, and although the goal has not been fully achieved, the damage to the Russian economy has been inflicted and will be the more significant the longer the sanctions and the price ceiling set by the Western state plan, not only for oil and eider, but also for any other species. energy resources and goods because nothing and no one will completely replace the EU market for the Russian Federation physically, and even more so under the threat of secondary sanctions, including the SCO, Brix, CSTO, CIS and other formal associations in which every man is for himself. The retaliatory measures are profanity for domestic consumption, similar to the ultimatum on non-expansion of NATO and return to the 1979 borders. The Russian Federation, even during the war, supplies the enemy with everything he wants, and buys what the enemy decides to sell.
1. Nelton
  
  0
  
  29 December 2022 14: 09
  
  Quote: Jacques Sekavar
  The goal of all sanctions and marginal prices is to undermine the Russian economy, and although the goal has not been fully achieved, the damage to the Russian economy has been inflicted
  
  All this is certainly true.
  But the 11th month of sanctions is already underway, and the Russian economy is still holding up well.
  
  for any other types of energy resources and goods, because nothing and no one will completely replace the EU market for the Russian Federation physically, and even more so under the threat of secondary sanctions
  
  Here are the constant threats of secondary sanctions - they do not at all add popularity to Western countries, their goods and services in other countries.
  Taking into account the fact that the Asian economies are growing faster than the economies of Europe, the position of the Russian Federation does not look completely hopeless.
  
  Based on the results of the implementation of the planned activities, at the end of 2022, the total carrying capacity of the BAM and the Trans-Siberian Railway in the east direction will amount to 158 million tons...
  
  ...During the meeting, via teleconference, traffic was opened on the second track on the Anosovskaya-Purikan stretch in the Amur Region.
vlad127490

0

31 December 2022 13: 11

Any action at the government level is carefully calculated. Sanctions always achieve their goal. Enough with the hat-shaking. The market is a struggle - a war between a seller and a buyer, and here all tricks are good. First of all, it is necessary to consider how the Russian Federation feels about sanctions, from the price ceiling and how to level them. In order to win, it is necessary to attack, and the Russian Federation is always on the defensive, it is necessary to hit the economy of the NATO countries, not to let it grow and develop, then NATO will reckon with the Russian Federation.