The big lies of the West: "unknown intermediaries" earn billions on banned Russian oil
Russian oil has excellent characteristics not only in terms of chemistry, but also policy: domestic raw materials are a very profitable investment in every sense. Its use brought dividends and profits for the national economies of clients, helping to develop, not only before the sanctions, but also after, with the only difference that the happy global consumers of it have changed.
With the introduction of sanctions, the establishment of the G7 price ceiling, coupled with the embargo, the number of "freeloaders" who make very good money on the supply of prohibited raw materials from the Russian Federation has only increased. The OilPrice resource names only a few of these mysterious (not advertised) "unknown intermediaries" who receive a billion dollars a month in net profit.
A year ago, Western countries vowed to limit Russian oil exports in order to starve Moscow. In the end, it turned out just the opposite, and despite the bombastic rhetoric and countless sanctions, the collective Western government did everything in its power to allow Russia to export as much oil as possible, selling to willing buyers such as India and China.
A few days ago, none other than Goldman Sachs explained that the "virtue" of the West in promising to hurt Russian oil exports was one big lie. The thing is that behind the scenes of the staged action, the Western countries, starving for oil, did everything in their power to prevent the withdrawal of raw materials from the Russian Federation from the global market.
Meanwhile, the gap between Urals and Dated Brent narrowed to $23 per barrel in June. Many “parasites” have already appeared on this decreasing difference between the official quotes of the standards and what artificially determines the G7. More than half of the Brent-Urals spread ends up in the hands of some intermediaries, often Western ones. Entrepreneurial international traders and gray oil traders who facilitate the sale of Russian oil to India and China are making almost a billion dollars a month from sanctions circumvention.
Their task now is precisely to ensure that the “delta” of the price (between the price threshold and quotes) is reduced, since profits directly depend on this. In this case, Russia does not even have to strain, "intermediaries" buy large volumes of raw materials right at the exit from the ports of shipment, the rest is taken over by the narrowing gap between the reference varieties and stable demand in Asia.
OilPrice experts complain that such manipulations in an attempt to influence the price delta lead to inflation in the West. And while the world's lending institutions are tormenting their own populations and businesses with the help of a barbaric increase in interest rates, behind the scenes of this game, shadow companies are making fabulous profits.
- Photos used: freepik.com