SUBSIM Radio Room Forums - View Single Post - Here we go again-Ukraine once again

Skybird · 06-30-22, 02:31 PM

This map - LINK - shows that Russian oil tankers from the Baltic reach Taiwan after a 40 days travel. The oil is sold so cheap by Russia that the long travel charter still pays off for the customer.

At the same time the loans and wages for gas and oil workers in Russia have dived by 60-75% in short time, I read yesterday.

This graph shows that the Russian oil, currently costing 30% less than Brent, may havew ost WEurope as customer - but that the losses have been overcompensated by the Asian market. India for exmaple has increased its oil imports form Russia by factor 7. Russia currebtly easly earns profits with selling its oil. It sells less in quantity, but the price is so high that it still makes a fat profit - with less oil sales.

06-30-22, 02:31 PM	#4919
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 40,501 Downloads: 9 Uploads: 0	This map - LINK - shows that Russian oil tankers from the Baltic reach Taiwan after a 40 days travel. The oil is sold so cheap by Russia that the long travel charter still pays off for the customer. At the same time the loans and wages for gas and oil workers in Russia have dived by 60-75% in short time, I read yesterday. This graph shows that the Russian oil, currently costing 30% less than Brent, may havew ost WEurope as customer - but that the losses have been overcompensated by the Asian market. India for exmaple has increased its oil imports form Russia by factor 7. Russia currebtly easly earns profits with selling its oil. It sells less in quantity, but the price is so high that it still makes a fat profit - with less oil sales. __________________ If you feel nuts, consult an expert. Last edited by Skybird; 06-30-22 at 02:49 PM.