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Russian Oil Industry Starts to Break Down as Russia Experiences Shortages, Price Rises & Export Ban [View all]
RUSSIA's Oil Industry is Starting to Break Down. Despite having huge reserves of Oil Russia has recently experienced SHORTAGES and PRICE RISES and BANNED the Export of All Gasoline & Diesel. These issues caused problems for FARMERS who are currently in the key Harvesting period for CROPS and raised concerns over Food Supplies. RUSSIA's Refined Oil Sales fell following the introduction of the Ban & Price Cap on REFINED Products on 5th February 2023 as INDIA & CHINA do not want to but expensive Finished Products and are using CHEAP RUSSIAN CRUDE to produce & export their own Refined Products. In this video I provide more details on the problems that Russia is now facing.
Chapters:
0:00 Intro
2:46 FUEL EXPORT BAN
5:41 OIL PRICES
9:04 REFINED OIL EXPORTS
13:10 RUSSIAN REVENUE
17:29 SUMMARY & CONCLUSION
2 replies
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= new reply since forum marked as read