What the oil price cap & embargo mean for Russia and the world | DW Business

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D G
D G Aylar önce
India is under no pressure of any sanctions, this so called expert is a joker..
NPS
NPS Aylar önce
If you sanctions india next we will start buying from Venezuela and iran
Lucius Aelius
Lucius Aelius Aylar önce
I thought they were supposed to NOT buy any Russian oil at all.
Thomas Aagaard
Thomas Aagaard Aylar önce
@red bull sigh.. necroing old threads, how the f*** am I suppose to know what you're saying? please use brain for a moment. but russia can sell profitably at much lower rates than $60. now f*** off please.
red bull
red bull Aylar önce
@Thomas Aagaard lol i think u are since this will cause prices to go up since russia aint selling at a net gain
黄伊桑
黄伊桑 Aylar önce
@QARNAIN cat babu cat In the US and many other western countries, a day without hypocrisy and double standards is a day wasted.
John
John Aylar önce
@Thomas Aagaard Because the G7 is challenging OPEC and dictating a price to an OPEC member....so wait and see, China, India and KSA will not tolerates secondary sanctions as they have not supported or assisted Russia militarily, and pissing MBS off could have disastrous consequences, for the US in particular, with the US bonds that SA holds, their annual militarily spending and so far the resistance to selling their energy in Chinese yuan.
JM E
JM E Aylar önce
@Thomas Aagaard Should explain to him how EU principles work.
Joe
Joe Aylar önce
'Will the oil price cap & embargo work ?' If by "work" you mean causing Russia to pull out of Ukraine, probably not. Better question is how it help the EU energy crisis say by getting a lower oil price .... Just wait a couple of month and you'll see for sure. Russia won't sell oil directly to most of EU any more and the only thing EU will get is laundered oil via third parties like India at a much higher than the cap price.
Puma Lee
Puma Lee Aylar önce
Pipeline oil is not within the scope of the sanctions, mainly restricting the shipment of oil in ships (India has no pipeline oil).🤣🤣🤣
Peter Zimmerman
Peter Zimmerman Aylar önce
India and China are customers aswell, do you really think they want to pay extra? I'm not really sure I see the problem, or maybe some people think paying more for your imported oil or gas is good for them. Increased Oil and gas prices are likely to drive up the cost of food and other products aswell. I know there are a few who wants their Oligark Oil money and floataround in their luxury yachts, but most would be better served to look after their own interests.
Egri
Egri Aylar önce
It's so funny to ask the question if it will work AFTER they enacted them
Alistair W.
Alistair W. Aylar önce
They did ask. They expect it to hurt Russia, time will tell.
Mallik a
Mallik a Aylar önce
Now western shipping companies have to sell their ships, they can’t kept it without usage
robert100xx
robert100xx Aylar önce
Western oil tankers are fully utilised. There is no spare capacity.
Joshua P
Joshua P Aylar önce
fascinating test of buyer or seller strength. consumers have power when organized, boycotts work. the problem for russia will be if china/india demand price cuts below that level.
tilapia dave
tilapia dave Aylar önce
@sunny ☀️ day WOW ,, you sure are uneducated , now go and look at REAL facts
sunny ☀️ day
sunny ☀️ day Aylar önce
@tilapia dave 🤡 eu, china , turkey buys more than india
A Achyut
A Achyut Aylar önce
@MSD Group Yup not overnight
tilapia dave
tilapia dave Aylar önce
@Peter Zimmerman Why include China ,, they have NOT massively increased the purchasing of Russian oil. There is only ONE country , one heartless hateful , disgraceful , bunch of people that happily swap their money saving for other people to lose their lives. I am suddenly a great supporter of Pakistan , perhaps the world now see's where the true evil lays.
Peter Zimmerman
Peter Zimmerman Aylar önce
Yeah, well, China and India are consumers, they would want to get a good price aswell, I doubt they feel like paying extra just to be nice. Lots of markets got different interest groups, Land lords often face organized tenant groups for negotiations. When one party deems something unreasonable they tend to act, and they tend to protect their interests.
bryan vega
bryan vega Aylar önce
Highly unlikely!
Rajarshi Roy
Rajarshi Roy Aylar önce
"Big time customers like India....?" WTF? What a liar! Since the beginning of the war, EU has bought fossil fuel worth EUR 122 billion from Russia. Currently EU still continues to buy 55% of Russian oil and 43% of Russian gas.
redred222
redred222 Aylar önce
@nav alfa there is no east germany there is one germany
Rajarshi Roy
Rajarshi Roy Aylar önce
Some random people are fighting at some random corner of the world for random reasons that have brewed over a decade, probably more. There were multiple parties/nations involved at various stages and they all have let it happen. And now, they think, it's perfectly okay to ask people half way around the world to make decisions that will nosedive the economy into recession for that? What gives?
nav alfa
nav alfa Aylar önce
@Declan Murphy Let East German people choose their own destiny and not be dictated by the crazy ones on the West side.
Declan Murphy
Declan Murphy Aylar önce
Have you heard of the word "transition"? You can't just cut it off instantly you have to secure alternatives first.
nav alfa
nav alfa Aylar önce
DW tv. What do you expect. Himmler himself set their foundations stone.
MetaView7
MetaView7 Aylar önce
The real question is, What the oil price cap & embargo mean for EU.
axeblue
axeblue Aylar önce
It means the EU is holding the Euro Zone ppl hostage while they price gauge them on limited supply.
cookie Cola
cookie Cola Aylar önce
dunno, pretty sure the energy oil crisis in the spring was just not managed well and big companies using the crisis as an argument to make the prices as high as possible to get as much money as possible, the energy prices is moving back to normal
Edgar Sanchez
Edgar Sanchez Aylar önce
Nice, it is working Price of Oil already started to Go UP, and US Companies are targeting to make profit out of EU big time.
TheGreatDane
TheGreatDane Aylar önce
check again, the price is going down 😉
BAKARY jarju
BAKARY jarju Aylar önce
Do you think this will work. If the US is out smarting the EU, NATO and the G7 do you think that will affect the Russian Economy. The answer is NO and NO.
marko sinister minister nordström
marko sinister minister nordström Aylar önce
should be 2 usd / barrel from RF not 60usd.
Kundan Sah
Kundan Sah Aylar önce
You're on high or making jokes😂
Drunk Cat
Drunk Cat Aylar önce
@Thorwald Johanson stop doing drugs
Last Night
Last Night Aylar önce
capitalism and free markets at its finest.
Amithab V
Amithab V Aylar önce
@Thorwald Johanson cost is USD 20 for production per barrel as per the sanction document itself
Thorwald Johanson
Thorwald Johanson Aylar önce
60 is basically at cost. So that price Russia would help the west without earning anything really.
Thomas Thomas Philp
Thomas Thomas Philp Aylar önce
Its good for Russia. During colonialism, most of the new emerging economies had suffered. Thus, they will not go along with former european colonial masters
Walter
Walter Aylar önce
Endlich wird einmal die neue Weltordnung geschaffen, nicht nach dem Muster der USA-NATO und den Vasallen der EU
Faizal
Faizal Aylar önce
OPEC is not going to increase their production till April or May next year, Americans don't want to increase their production, if Russia stops its supply, the price will shoot further again. Most countries face inflation due to higher oil prices, worse to come.
Karsten Kruse
Karsten Kruse Aylar önce
If it helps breaking the back of the Russian regime, i'm still for it. The alternative is far, far worse.
Asakura Yoh
Asakura Yoh Aylar önce
Nope, it won’t work. It will increase the international oil price thus leading to more inflation.
Red Fish
Red Fish Aylar önce
The Pandora box has been open. A group of consumer can price cap anything now. If everyone deemed cell phones are only worth $5.00 then that'll be the price regardless; time to get people together and price cap stuff.
Tube of the Viper
Tube of the Viper Aylar önce
and the oil will just pump itself? no machines needed, no people needed to do the hard work, no transport cost? it's all just free and thats how you make oil cheap? are you also an eu analyst, perhaps, living in a fantasy world?
Florin Donald
Florin Donald 2 aylar önce
Math is simple for the one who knows 🤣🤣🤣
Ryan Gibson
Ryan Gibson Aylar önce
Germany and others should take this as a wakeup call and remember the lesson. Never trust your energy and therefore economy to an unstable despot!
Георги Паскалев
Георги Паскалев Aylar önce
By despots you mean the people ruling over the western nations pulling the strings from behind the scenes
Кирилл Мирченко
Кирилл Мирченко Aylar önce
@Clinton Reisig The United States sent all gas to Asia during very high gas prices a year ago and the whole of Europe lived off Russian gas
Willowisp
Willowisp Aylar önce
@Clinton Reisig It's well known fact that Europe had too much dependency from Russia, you are giving that man too much credit.
Derek Drozdzik
Derek Drozdzik Aylar önce
@Clinton Reisig who?
Clinton Reisig
Clinton Reisig Aylar önce
Trump warned them exactly about this issue and they laughed at him
Sandeep gurjar
Sandeep gurjar 2 aylar önce
👏🏻👏🏻👏🏻👏🏻🤗🤗👍
m. k.
m. k. Aylar önce
240 $ is right price who says more
Tania Keen
Tania Keen Aylar önce
I think OPEC plus will see the 60 dollar as a floor price going forward
Arthas Menethil
Arthas Menethil Aylar önce
@Ndjibu Kabengele that's what Biden was trying, and failing, to do. Its part of how Reagan helped pushed the Soviets towards collapse, he produced more domestically and got allies to do the same which caused prices to plummet and the Soviets were if anything even more dependent on oil and gas then modern Russia since the Ruble then was even less appetizing than it is today and they did most of their trade in oil rather than money.
Kuchenk Oren
Kuchenk Oren Aylar önce
@Ndjibu Kabengele in fact they dont care, OPEC members led by Saudi Arabia have just cut their oil production
Nenad Mitrovic
Nenad Mitrovic Aylar önce
@Ndjibu Kabengele many things can happen, but wont.
Ndjibu Kabengele
Ndjibu Kabengele Aylar önce
@Nenad Mitrovic Saudi Arabia, Iraq, Lybia, Canada, USA and other countries like Angola, Nigeria can increase production.
Nenad Mitrovic
Nenad Mitrovic Aylar önce
@Ndjibu Kabengele which other countries? They will keep same production, price will ho up, if someone try to put cap om them also, they will cut production
Sveta Kokareva
Sveta Kokareva 2 aylar önce
He is not an energy analyst, he is an interpreter. Shame🤦🏼‍♀️. Next time check the guest background history.
QARNAIN cat babu cat
QARNAIN cat babu cat Aylar önce
People are happy the prices going down But what are the causes? 1. Unemployment in masses 2. Recession for economy 3. Deindustrializing of Eu Is that what eu celebrating for?
Radilsia v CCCP
Radilsia v CCCP Aylar önce
Yes Sheep celebrate anything as they not understand consequence 🤗
Cold#Storage 692
Cold#Storage 692 Aylar önce
Wouldn’t this lead to OPEC de dollarization as it is already under way
Vapeur de Pisse  𓂺
Vapeur de Pisse 𓂺 Aylar önce
It's working great, the price just went up
Daniel Abednego
Daniel Abednego Aylar önce
EU economy is going to be a thing of the past. So, how are EU companies going to compete in the world market without Russia energy? Do even EU leaders think like American politicians who have been at war around the world to protect its economy. Even in this war, we all know who are going to be the beneficiaries as more than 500 million EU citizens start suffering through joblessness and those who depend on them will also suffer.
Hari Soepangkat
Hari Soepangkat Aylar önce
To the contrary. OPEC will boycott EU buyers and increase the price of oil by cutting production.
Magical Thinktank
Magical Thinktank Aylar önce
Happy de-industrialization, Germany.
Imperator Vespasian
Imperator Vespasian Aylar önce
yes it will make fuel more expensive, there for it will do what the Russians want.
Orange
Orange Aylar önce
It will work at raising gas prices .. lmaof $11 @ gallon coming soon
usna si
usna si Aylar önce
The "energy expert" is telling "Russia says it will not sell oil to countries which set the price cap, but these countries was already not importing Russian oil, so it doesn't matter " So how will these countries price cap impact in the first place ?
Charles Scott
Charles Scott Aylar önce
@Moto Ride why would OPEC increase oil production? It's like you're been living under the rock for these past few months
cookie Cola
cookie Cola Aylar önce
@Cyrribrae, indeed
Writeous0ne
Writeous0ne Aylar önce
@Moto Ride what are you talking about, OPEC+ jus had a meeting and are keeping the same production rate as before. As demand increases they won't increase production, they are going to keep it the same level and put the oil prices up which means they get more money for less. OPEC+ is in control, not westerners... Their plan is for Russia to redirect their trade away from the West and the OPEC+ countries will replace that demand whilst keeping the oil prices high...
Writeous0ne
Writeous0ne Aylar önce
@Cyrribrae that is the total opposite of what will happen 😂
Thomas
Thomas Aylar önce
This is the end of EU. Darling oil and gas will ruin Europe.
Class2 instructor
Class2 instructor Aylar önce
Let's TELL them they are out of ammo so they can't win....
WindSong3 WONG
WindSong3 WONG Aylar önce
Russia will NOT sell below the cap…. Buyers wants to buy below the cap…. Result is NO SALE. The buyers now must all buy from the Saudis etc…. More buyers less sellers means HIGHER PRICES. Economic 101.
Yanks R EVIL
Yanks R EVIL Aylar önce
@Tim Mommens 500,000 Iraqi children babies due to you murdering grubs shame on you evil sinister grubs shame.
Tim Mommens
Tim Mommens Aylar önce
@Yanks R EVIL try harder
Yanks R EVIL
Yanks R EVIL Aylar önce
@robert100xx Imagine an anglo grub trying to take the moral high ground with your sordid history amazing...
robert100xx
robert100xx Aylar önce
It's a small price to pay to get back at russia
Wulf Hafer
Wulf Hafer Aylar önce
Oh of course, we must ever keep the gas lines pumping 'freely' :( No need even consider actively _trying_ to reduce use and meet international reduction agreement..
Rishi Rahul
Rishi Rahul Aylar önce
Good To Hear... more discounted oil for india
Rishi Rahul
Rishi Rahul Aylar önce
@Cyrribrae West boycotted russian products right??? Then why price cap?? And barrel costs 20dollar... Even if india buys it for 21 dollar its profit for russia... And heard EU is been buying Russian gas and oil lately....
Cyrribrae
Cyrribrae Aylar önce
Sure. Why not? India was going to buy the oil from Russia anyway. And now India will pay less for the oil that they need. And that will force Russia to charge less for what little oil they continue to sell to the West. Win-win. Except Russia, who loses. Win. And if not, then Russia will have to burn their oil in the wells and make nothing. Win.
Rishi Rahul
Rishi Rahul Aylar önce
@Ryan Gibson india is not USA To invade other countries 😁
Ryan Gibson
Ryan Gibson Aylar önce
India should invade Russia!
ピッピ
ピッピ Aylar önce
We all need to revise the mainstream media and govt and obviously having ppl who do not having the respect to other values are so no benefit for all of us
Satheesh Narayanan
Satheesh Narayanan Aylar önce
When you say EU stopped buying Oil from Russia.., I have 2 question 1). What about Natural gas, coal, Burning Oil imports 2). If you refrained from Russian Oil then why put price cap.
Null Pointer
Null Pointer Aylar önce
@Satheesh Narayanan because that's an even more extreme intervention in the free market with diminishing returns. Hit them where it hurts most, 50% of Russian exports are hydrocarbons so that's where we'll hit them.
Satheesh Narayanan
Satheesh Narayanan Aylar önce
@Null Pointer My point is why put price cap instead westerners can doing trade with them that will cripple Russia More right.,
Null Pointer
Null Pointer Aylar önce
2). If you refrained from Russian Oil then why put price cap. To take money away from the Russian war machine. EU countries and allies represent the majority of global shipping providers and insurers, if they are prohibited from transporting Russian oil above a certain price, Russia either needs to spend resources on providing alternatives, they will sell less oil OR they will sell at cheaper prices. All of that costs money which they can't spend on murdering Ukrainians.
LARRY SMITH
LARRY SMITH Aylar önce
This guy does not seem to know very much about oil. Let us see what happens
Sven Petersson
Sven Petersson Aylar önce
It reminds me of the circus clown who claimed that he could levitate by pulling his own hair.
Зая Ядерная
Зая Ядерная Aylar önce
democracy is a free market... they said ... I wonder what Europe will do next, serving the United States?
Gabriel Teixeira
Gabriel Teixeira Aylar önce
Now what would happen if people in developing countries created an embargo against any iPhone above $60? Would they cut their prices?
Be Kind
Be Kind Aylar önce
@Смотритель Маяка user-qh8un5cy9f прочитала, малыш 🤡
Смотритель Маяка
Смотритель Маяка Aylar önce
@Be Kind Малышка, ты иногда читай ник того кому отвечаешь.
Be Kind
Be Kind Aylar önce
@Смотритель Маяка написала я своему соотечественнику 😂, который выискивает что там натворила омерика, но при этом поддерживает зверства нашей россиюшки. Как я ж тебя сразу не разглядела то, малыш? 😂
Be Kind
Be Kind Aylar önce
@Смотритель Маяка I’m Russian citizen and I’m not indifferent about atrocities that MY country did in Syria. First I care about my country’s crimes all over the world. What the USA did or do I’m not much aware of, sorry
Смотритель Маяка
Смотритель Маяка Aylar önce
@Be Kind Why are you indifferent to the presence of the US army of occupation in the Syrian oil fields, and at the same time you care so much about Ukraine?
Piranha
Piranha Aylar önce
Russian oil import after war started: The largest fossil fuel importer was the EU (EUR 85.1bln), followed by China (EUR34.9bln), Turkey (EUR10.7bln), India (EUR6.6bln), Japan (EUR2.5bln), Egypt (EUR2.3bln, and South Korea (EUR2bln).
Piranha
Piranha Aylar önce
Russian oil import after war started: The largest fossil fuel importer was the EU (EUR 85.1bln), followed by China (EUR34.9bln), Turkey (EUR10.7bln), India (EUR6.6bln), Japan (EUR2.5bln), Egypt (EUR2.3bln, and South Korea (EUR2bln).
Piranha
Piranha Aylar önce
Russian oil import after war started: The largest fossil fuel importer was the EU (EUR 85.1bln), followed by China (EUR34.9bln), Turkey (EUR10.7bln), India (EUR6.6bln), Japan (EUR2.5bln), Egypt (EUR2.3bln, and South Korea (EUR2bln).
Keith Edginton
Keith Edginton Aylar önce
Saudi Arabia will buy it at a fair price and resell it on the open market.
axeblue
axeblue Aylar önce
Fair price now is mid $70 a barrel.
PPCS Planning
PPCS Planning Aylar önce
When Europe Lead by fools,
Joe Black
Joe Black Aylar önce
​@Cyrribrae Never a shortage of wishful thinking among fools yeah. At best for Russia the Saudis will actually buy some now at the cheapest price they can. Supply and demand. There will be zero real demand for Russian oil above the price cap. Any country that does go for such a fool's deal will be taking it out of their flesh for Russia. And, since Russia's current shenanigans are actually negatively impacting the future outlook for oil, there will be very little love for Moscow among other oil producers.
Cyrribrae
Cyrribrae Aylar önce
@Joe Black The Russian takes here are strange lol. "These other countries who are better than the West because they just want to make money are going to.... voluntarily choose to not make money by paying way above the going price to the country that has no market leverage.... because.....?" The trolls having trouble trying to think this through..
Joe Black
Joe Black Aylar önce
That's naïve in the extreme. Do you really, really think that will happen? Do you think they'll just donate tens of billions of Dollars to Russia from the goodness of their hearts? Because that would effectively be the same thing. 😂😂😂
Piranha
Piranha Aylar önce
Russian oil import after war started: The largest fossil fuel importer was the EU (EUR 85.1bln), followed by China (EUR34.9bln), Turkey (EUR10.7bln), India (EUR6.6bln), Japan (EUR2.5bln), Egypt (EUR2.3bln, and South Korea (EUR2bln).
Cyrribrae
Cyrribrae Aylar önce
@Manish G Are you surprised? Erdogan is out here playing for himself haha. We've not known that for years. I'm honestly surprised how well he's been playing with Europe (though, we'll see whether he ultimately tanks Finland and Sweden joining NATO).
Manish G
Manish G Aylar önce
@Yanks R EVIL thats my point ..no morals and values in world politics now...just look at germany....kept importing russian furl after 2014, just because it was cheap.....infact laid nord2, and did everything to save it in wake of war...and now increasing biz ties with china.....
Yanks R EVIL
Yanks R EVIL Aylar önce
@Manish G Is that the same turkey ( NATO country) that is illegally occupying northern Cyprus,what grubby hypocrites you're,then again the Usa military another NATO country is stealing oil in northern Syria.
Manish G
Manish G Aylar önce
so turkey is supplying drones to ukraine as well as buying russian oil....just shows current state of world....
andre8860
andre8860 Aylar önce
Let the Russia eat Ukraine = peace and love will follow
Ionnanis Killiorus
Ionnanis Killiorus 2 aylar önce
It's not just the EU that's stopping buying it, it's the rest of the G7 and Australia too.
Arthas Menethil
Arthas Menethil Aylar önce
@Samir Otba the garden? the jungle? who's bankrupt and what are you comparing them to?
Samir Otba
Samir Otba Aylar önce
Oh ok back to we are the garden they are the jungle…well no surprise if the jungle refuses to plays anymore…and the garden is on its way down!! Wealth? Do you include debt? Because boy the garden is bankrupt
Ionnanis Killiorus
Ionnanis Killiorus Aylar önce
@Denis Gorjunov Wrong on all counts.
Jona Tikoisuva
Jona Tikoisuva Aylar önce
@Ionnanis Killiorus No country in the world can replace the Russian oil that is supplied to the EU. In order for them to counter Russia, they will need to uplift the Sanctions on Iran and Venezuellian oil. Pretty Tough decisions ahead of them, this is probably one of the reasons that politicians should have never Play nor gamble with something that we really need in our everyday life. Whats next ? Food ? 😳 The EU nations are buying the same Russian oil from China but at a higher price that is why India and China increased their imports of Russian oil, so that they can sell it and earn profits from it.
Arthas Menethil
Arthas Menethil Aylar önce
Australia doesn't really buy Russian oil though, Asian producers like Indonesia and the Middle East are way closer. Plus Australia drills tons of their own oil and have access to oil fields near New guinea.
Dimic Dragan
Dimic Dragan Aylar önce
Well its easy. It means more expensive winter to europeans, and much cheaper oil and heating for the rest of the world. They will buy cheap oil from russia and sell it to germany... but citizens pay...
S Sir
S Sir Aylar önce
What this price cap will ultimately achieve will be the breaking of the western monopoly on insurance and shipping. Those industries benefit more than any other from economies of scale so Europeans have never faced any serious competition since the age of colonialism in these fields. All that goes out the window once you threaten the lifeblood of nations. Do you honestly think the Saudi's or the other Gulf despotates will not create an alternative to Lloyds of London or to the Greek merchant fleets? They know damn well the sanction hammer could fall on them at any moment.
Cold#Storage 692
Cold#Storage 692 Aylar önce
@Cyrribraeo far so good i am in Africa I can transact and order my products easily from Russia and China
Cold#Storage 692
Cold#Storage 692 Aylar önce
@jaredr.last I checked most Countries are applying for BRICS even MBS has met with a BRICS member this is speeding de-dollarization countries are looking for alternatives
Joe
Joe Aylar önce
@S Sir my point is any business can change. An insurance is a financial contract against a risk. If risk comes to harm, insurance partner payout to cover the damages. Anybody with capital can do it and in fact Llyods is a bunch of risk takers. The whole trade craft is calculating the right premium for the risk. Again this is a look up take or algorithism which can be bought. India and China already do it though less in marine ...
S Sir
S Sir Aylar önce
@Joe Well that depends on how you define a monopoly. 90% of all oil tanker insurance is done by companies based in London alone. Add in other western insurers and you are at some 98%. While that may not be 100% it sure is pretty damn close.
Cyrribrae
Cyrribrae Aylar önce
@John How's that SWIFT alternative coming along? Oh... damn.... that bad, huh?
Holbrook Middlefield
Holbrook Middlefield Aylar önce
Would US also put price cap on gas station across US? $6/gallion in CA now. $3/gallion? Everything cost doubled already.
Alan Kiara McLeod
Alan Kiara McLeod Aylar önce
Blow it all up.
天朝上國
天朝上國 Aylar önce
感谢欧盟送来的便宜原油
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Larry McGuire Aylar önce
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Sue Henderson Aylar önce
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William Smith Aylar önce
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Kelvin Mike Aylar önce
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Nu Nu San
Nu Nu San Aylar önce
Should be 40 per barrel
2k22 sh
2k22 sh Aylar önce
Let's see how each counhry reacts if the prices go low or higher.. Will the cap backfire or benefit them, time will tell let the economic wars begins...
2k22 sh
2k22 sh Aylar önce
@Glen Hutchcraft im neither on each side.. I dont care who wins.. But there's still a winner so let's see it next year.. Peace
Glen Hutchcraft
Glen Hutchcraft Aylar önce
lolol...stalmate..you are kidding right?..russia is getting there azzs kicked why would Ukraine agree to a stalmate? dream on Russia you are finished!!!!
Pramod Ravikant
Pramod Ravikant 2 aylar önce
Sanctions on India? Dream on!
Dk Bros
Dk Bros Aylar önce
@Ionnanis Killiorus lol donot if u have guts lol 😂 u sanctions us usa europen countries will fall in depression economy lol 😂🤣🤣 Dude this teach in our secoundary school lol grow up and educat urself
Ionnanis Killiorus
Ionnanis Killiorus Aylar önce
@Pramod Ravikant True plus India have a great opportunity out of all this mess, to get good trade deals with the richest countries in the world. They will have the advantage of getting the Russian oil cheaper and increasing trade. I don't think they'll pay more anyway because it's Russia that needs them, not the other way round.
Pramod Ravikant
Pramod Ravikant Aylar önce
@Ionnanis Killiorus it is true that India won’t be paying more than 60 anyway. My point is that even if India pays more that 60, I highly doubt that the west will have the guts to sanction India. Specially because they have thrown so much weight over India wrt China and have therefore developed great dependency
Ionnanis Killiorus
Ionnanis Killiorus Aylar önce
@Pramod Ravikant You're right it is because India won't be paying more anyway lol
Pramod Ravikant
Pramod Ravikant Aylar önce
@Ionnanis Killiorus in the video, the guest says that India is under fear of sanctions. Which I think is bull£hit
Piranha
Piranha Aylar önce
Russian oil import after war started: The largest fossil fuel importer was the EU (EUR 85.1bln), followed by China (EUR34.9bln), Turkey (EUR10.7bln), India (EUR6.6bln), Japan (EUR2.5bln), Egypt (EUR2.3bln, and South Korea (EUR2bln).
nav alfa
nav alfa Aylar önce
Funny part. Countries like Germany were telling India, where a family of four all traveling on a two wheeler to reduce their emissions, citing global increase in temperature of two degrees, meanwhile they themselves were burning Russian gas to heat their homes.
K
K Aylar önce
Prepare to take an L on that one.
Peter Panini
Peter Panini Aylar önce
Price cap will work for Russia only ... For us expect bigger prices.... And Ukraine still lost war by 2023 so yes waste of time.
Boy Meets Bush
Boy Meets Bush Aylar önce
EU will lose before end of 2023
Mutka Luikkunen
Mutka Luikkunen Aylar önce
Bases on the large number of ruzzian trolls in this clip's comment section, this ban must've been a tough pill for ruzzia!
Владимир Борисович
Владимир Борисович Aylar önce
😂😂😂😂😂😂хочется спросить, как много Европа купила газа вместо российского и по какой цене она покупала у России и по какой цене покупает сейчас?
Null Pointer
Null Pointer Aylar önce
I'd ask if Ladas still come with ESP and ABS but we all know the answer.
filmler bizden
filmler bizden Aylar önce
If I just had something I would also ape for *AMM55X* but I can't
Abhijeet Baruah
Abhijeet Baruah Aylar önce
Wait for a few weeks, just like earlier, the European countries will themselves find a loop hole in their own sanctions. And point to be noted, why only sea borne oil transactions are sanctioned 🤔(is it because Europe uses piped supply thus wants to continue?)
Be Kind
Be Kind Aylar önce
@Dk Bros that’s not true
Dk Bros
Dk Bros Aylar önce
@Be Kind ya that's why while of Europe is joined with oil pipeline lol 😂 see or Google map
Be Kind
Be Kind Aylar önce
Pipe oil is for a few countries which has no access to the sea and it’s only 5 % of the market
Pedro The wise
Pedro The wise Aylar önce
the customer doesnt set the price.maybe the european consumers of usa gas should set the price down to about a fifth .
Shyam
Shyam Aylar önce
West has to think beyond sanctions.
alfonso dacullo
alfonso dacullo Aylar önce
IT WILL BACKFIRE SO HARD 😂🤣🤭
Himanshu
Himanshu Aylar önce
@Tim Bow because india and china has already refused
Tim Bow
Tim Bow Aylar önce
I assume not. Why should it?
Manish G
Manish G Aylar önce
just few facts, since war started EU has imported 90bn worth of Russina fuel...and germany has vastly extended its business ties with china...
Adrian Hudek
Adrian Hudek Aylar önce
We can still ride horses in EU.
Azham Rahman
Azham Rahman Aylar önce
Haha you can fix the price but it is up to Russia if they want to sell it to Europe or the US. And I think China and India is willing to pay extra so why selling it to Europe or US
Be Kind
Be Kind Aylar önce
How is it up to Russia to sell their oil to the west or not if the west already refused to buy it completely since yesterday 🤔
MacuMa
MacuMa Aylar önce
Why in the world would China and India be willing to pay extra?
Coinhawk Seahawk
Coinhawk Seahawk Aylar önce
This expert commentator is DREAMING
axeblue
axeblue Aylar önce
🤣🤣Yeah. 1% or 2% decline on Russian GDP.
Raphael
Raphael Aylar önce
I hope macron doesn't come back asking US why the oil price is so high 🤣
Piranha
Piranha Aylar önce
Russian oil import after war started: The largest fossil fuel importer was the EU (EUR 85.1bln), followed by China (EUR34.9bln), Turkey (EUR10.7bln), India (EUR6.6bln), Japan (EUR2.5bln), Egypt (EUR2.3bln, and South Korea (EUR2bln).
Pushkin
Pushkin Aylar önce
Like all the other sanctions, this will again backfire. Goodluck to EU and US.
Eve Hawa Sinare
Eve Hawa Sinare Aylar önce
The cap will not work and rhe expert should see this.
onur eldemir
onur eldemir Aylar önce
I wanna do a survey, who of you guys actually is fully aware on the strong announcement with Amazons *AMM55X*?
YILDIRIMLAR.GG1
YILDIRIMLAR.GG1 Aylar önce
For those who still need an invite for Amazons release it's *AMM55X*
Operas On
Operas On Aylar önce
Insane 🐰☕️🚬🚬
sundar ram
sundar ram Aylar önce
This man does not know what he is talking about…
Silverhorn2
Silverhorn2 Aylar önce
Every single embargo declared by the EU has completely backfired. The only people affected are Europeans. Russian economy is stronger than ever, energy contracts have been arranged with China, India, Indonesia and Japan. Europe is now totally beholden on US energy markets at a price 10 x higher than the open market. Talk about cutting your own throat , the EU has scuttled and alienated itself from any hope of recovery.
Mutka Luikkunen
Mutka Luikkunen Aylar önce
hahahahahahahahahaha
Boy Meets Bush
Boy Meets Bush Aylar önce
The embargo that will work is when Russia refuses to sell Uranium to EU and US. 100% US uranium is imported from Russia. Russia can shut off US/EU nuclear plants in a heartbeat.
nevermind
nevermind Aylar önce
but Russian oli use rouble, riyal n yuan not usd.
Tony Nguyen
Tony Nguyen Aylar önce
An obvious step to curb global inflation.
Thomas Aagaard
Thomas Aagaard Aylar önce
Why everyone should love the move. Well, except the putinists..
scottyflintstone
scottyflintstone Aylar önce
Prediction: Russia becomes the largest crude oil maritime carrier in the world
Daniel Martin
Daniel Martin Aylar önce
@John Smith I just explained to you Russia’s economy is better gauged with a purchasing power parity calculation (GDP PPP). Yet you still blurt out the nominal rate. Yea, you’re pea brain.
John Smith
John Smith Aylar önce
@Daniel Martin Russia in a long 10 month war under sanctions does not affect Russia's small $1.5 trillion economy. Got it. Hope your not incharge of the bills at home.
Daniel Martin
Daniel Martin Aylar önce
@John Smith Again, using a GDP(PPP) calculation, puts Russia’s economy far above Canada’s. You should have stayed in school John.
John Smith
John Smith Aylar önce
@Daniel Martin You think Russia with a economy below Canada can support a large military and be in a long war without debt? You can fool some things but not math. The USSR when broke over the 1979-89 war in Afghanistan . This war is much more costly. Many Russian TRshowrs out there saying they sure do not live for free and have it made in Russia. GDP (Per Capita) Russia has a lot of working poor like China.
Daniel Martin
Daniel Martin Aylar önce
@John Smith Russia’s GDP is best measured in a purchasing power parity calculation. Do Russians get paid in Rubles or Dollars? And does a single unit of a Dollar go further in Russia than a single unit of a Ruble? Russia’s economy using GDP(PPP) puts the country at 6th in world, far above Spains. Russia also has the lowest debt by far out of the G20 nations, is independent in energy, the largest wheat exporter, and has an actual industrial economy with all the required resources needed to produce anything. The fact you compare it to Spain shows your small intellect. You don’t know what you’re talking about but just regurgitating nonsense you heard because it fits into your little narrative.
Pramod Ravikant
Pramod Ravikant 2 aylar önce
I also want to set a price cap of $100 on F35 flighter jets. Kindly obey
Rusky fazzisky terrorisky
Rusky fazzisky terrorisky Aylar önce
@Pramod Ravikant yes grown up man.
Leyvithan Tech
Leyvithan Tech Aylar önce
@Lepetit Roquet oh I thought that you want him to be like usa.
Lepetit Roquet
Lepetit Roquet Aylar önce
@Pramod Ravikant I mean... I just feel pity for you at this point. Try to make belief that the US and its allies aren't a very powerful and dominant force in the world, that might make you feel better.
Lepetit Roquet
Lepetit Roquet Aylar önce
@Leyvithan Tech I never said the USA has 50% of the world GDP. I said that if Pramod Ravikant controlled 50% of the GDP of the planet, he would have a bigger chance of forcing his $100 price cap for F35 jets.
Panse Pot
Panse Pot Aylar önce
@Pramod Ravikant how old are you? 13? I find it difficult to believe that an adult doesn’t understand how cap price works. Your “joke” is not even funny for how off the mark it is.
Privan Sarvade
Privan Sarvade Aylar önce
Eu, us have any courage to sanctions India 1.45 billion people
John Koh
John Koh Aylar önce
Price cap is a joke as far as market economy is concerned. Russia can sell to Africa, Asia , South America any part of the world including EU members.
Successful Ozzie
Successful Ozzie Aylar önce
Has this guy been sleeping? India is exempted from the price cap by the West........ Russia can sell to India how've India wants
Nabill Dunberg Amadeus
Nabill Dunberg Amadeus Aylar önce
Norway shuld pump more oil and sell to Europa
yp77738yp77739
yp77738yp77739 Aylar önce
Can someone explain to me please. I hear the price of oil is at a low, and I hear the price of wholesale natural gas was so low it was actually negative recently. However, when I go to put diesel or gasoline in my car or I pay my heating bill, it is at an all time high. What’s going on please as it seems totally illogical?
yp77738yp77739
yp77738yp77739 Aylar önce
@Chuck Kottke Just seen that the CMA has launched an investigation from 2018 to the present, about firkin time. I hope they don’t fine them and pocket the cash to waste on LGBT awareness campaigns or mental wellbeing consultants. It needs to find a way back to the consumer.
Chuck Kottke
Chuck Kottke Aylar önce
Corporate collusion on pricing and untaxed windfall profits are at the core of high fuel prices according to Professor Reich. ⛽
yp77738yp77739
yp77738yp77739 Aylar önce
@Keith Edginton I suppose the uk doesn’t have good legal protections against this, I think the threshold is about a 40% increase to an event before it triggers an infringement. It clearly should be lowered, I think the threshold in most US states is around 10%. If they are not careful there will be mass action as citizens feel/know they are being shafted from all directions at the moment. The French would already be on the streets by now, rightly so.
Keith Edginton
Keith Edginton Aylar önce
Price gouging. Simple as that.
Steve
Steve Aylar önce
-EDIT- I used the graphs from WTI (which is US markets) instead of Brent to make it easier for me. Just add about 10% to all costs listed and you get about the same price as a general reference for the Brent price. Concept is the same. Would not let me edit so I am replying to myself.
Interglacial Optimist
Interglacial Optimist Aylar önce
Boy does Europeans are going to be laughing at Russia when they're standing around their 55 gallon barrel with a wood fire in it keeping warm on the streets of Germany. I sure hope they don't run out of hot cocoa.
Louie Louie
Louie Louie Aylar önce
OPEC + bout to cut that production again! Lets cut another 2 million barrels per day and show em who's boss. BRICS stand up!
Terry Dillon
Terry Dillon Aylar önce
Clean energy.!!!!!! Stop the games and the destruction of the earth.
Kenneth Dauda Samuel Onwuta
Kenneth Dauda Samuel Onwuta Aylar önce
Keep on dreaming and wishing. But remember that : " if wishes were horses beggers will ride."
Kiyabashi Br
Kiyabashi Br Aylar önce
I like how EU leaders show solidarity for Ukraine and impose these sanctions paid by their own citizens in the form of inflation and higher utilities. Very caring of them
cody k
cody k Aylar önce
Wouldn't be such a problem if we divested from oil so we wouldn't be so dependent on it.
Ifrim Vlad
Ifrim Vlad Aylar önce
@Kiyabashi Br Eastern European here (Romania). The actual sanctions are not enough. They must be doubled at least. As for inflation, bills yes it is not ideal, but it is managed with compensation schemes, pricing caps, slow (not the greatest but we had an increase this year and an expected increase next year) increase of pensions. For a developing economy it is a decent response. For western countries it will not be a problem. The terrorists must pay, and I hope for an emabargo on all their products for the next 50 years.
oxide meta
oxide meta Aylar önce
Directly buying from Russia, being raped off once Sanction on direct buying of Russia oil and buy from other middle traders, being raped off twice, better Sanction on insurance companies, reducing market supplying, shipping hiking, increase middle trading, being raped off third time Under constant instability & cost hiking & conflict expectations, industries continue flooding abroad, being raped off fourth time Victims calculating other's gains and losses, pity & shame!
Kiyabashi Br
Kiyabashi Br Aylar önce
@E. Camilo I am sure the majority of people will be alright, although a bit afraid about the less fortunate parts of society and pensioners, or even just about the eastern countries of EU. It looks like we forgot -again- that they are part of the equation here.
E. Camilo
E. Camilo Aylar önce
Well. We are a bunch of wealthy nations that can sustain inflation. We will do anything to stop the Russian skunk.
S D
S D Aylar önce
Once the EU and the Americans were advocate of free trade to make sure their home grown MNCs are having access to global market, and can wipe out compettetion with the help of free money (very cheap loan). The objective was just to create monopoly (just like Swift system) for global dominance, and keep the price of commodities low to suit US and European interests. This way exploited countries of Africa, Russia and Asia. But thanks to Ukraine war these are going to change forever, altetnative to western monopolies would be created soon by countries like China, Russia, India and other powerful countries.
Corinthian Pagel
Corinthian Pagel Aylar önce
Thing is, they are all exporters and the reason those insurance monopolies exist and haven't been usurped yet is because it's the receiving country who decides if they accept the insurance. So yeah they could insure the entire worlds fleet of merchant marine... means absolutely nothing when they can't dock at their ports of destination
extremumadventura
extremumadventura Aylar önce
Well guess what Ukraine may select the oil and gas flowing through its country at market rates.
bobby sox
bobby sox Aylar önce
If it upsets Moscow it can't be too far wrong.
TheGreatDane
TheGreatDane Aylar önce
totally worth it 😄
Adem Kumluca
Adem Kumluca Aylar önce
Way too much *AMM55X*
SAKATKATA
SAKATKATA Aylar önce
You can call *AMM55X* bots but that does not change the fact that the shill is absolutely deserved. Out of all launches we had, talk about ETH, talk about XRP, talk about all these new chains but *AMM55X* breaks everything
NPS
NPS Aylar önce
Who told india can take this oil we can buy this and sell it to other needed countries in Africa and asia for less than market price
Yunan Helmi
Yunan Helmi Aylar önce
This war is so dumb. Why takes so long.
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