Russian oil companies are preparing to start forced production cuts as they are unable to sell millions of barrels of oil, Reuters reports, citing three oil executives and more than 10 traders, refining executives, and port agents.
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Ukraine needs to continue dismantling ruzzia. They are falling apart and using donkeys on the frontlines, their assaults are at the lowest pace all year. Now the USA steps in to save them. 😡
Donkeys, camels and horses as well as civilian sedans to storm Ukrainian positions. Today across the whole Frontline they moved by 1.2sq km ... Why the fuck would we give up now?
And here it comes. The API will jump all over raising prices for more profit and blame Ukraine. OPEC will be clapping hands in joy. The oil wars continue.
Treason involves levying war against the United States, or giving aid and comfort to the enemies of the United States. Looking forward to Trump's trial
Trump may want to sell Ukraine & Eur out to Russia now, when this starts to bite, & Russia is under strain.
This is not the time to lift the foot from the gas, giving Moscow a reprieve. This is the time to increase the pressure on Moscow. First to free Ukraine, then to teach Russia a lesson.
So now delay and frustrate the negotiations as much as possible, so Russia becomes more eager by the day to make any deal, as long as the sanctions are off the table.
Hit Putin where it hurts him the most: oil. Destroy his main apparatus funding source and force him to take more $$ from his oligarch friends, whom will soon grow tired of him and issue a bounty for his head.
That deserves a little happy dance in celebration after todays ugly news about Chernobyl and the so called "Ukrainian peace negotiations" that have omitted Ukraine's demands/offers. EU and Ukraine should be central negotiation partners in any talks.
Shutting down wells is going to present big problems for them as it’s a big deal to start them back up and requires expertise and equipment they no longer have. It could be a very long time before they get those wells pumping again. Good news.
Volumes from Russia's western ports of Primorsk, Ust-Luga, and Novorossiisk in January were down 17% from a year earlier, and the cost to transport a cargo from Russia's Pacific port of Kozmino to China up fivefold in January, Reuters calculations based on traders' data showed.
As a result, Russian firms and traders have stored 17 million barrels aboard ships since Jan. 10, up from zero at the start of the year, Goldman Sachs estimates. The figure could rise to 50 million barrels in the first half of 2025.
there are almost no large storage facilities in Russia, and those that do exist were hit in January. It is also difficult to refine the excess oil at refineries: drone attacks have knocked out around 10% of Russian refining capacity, Reuters calculations based on traders' data showed.
Major sites including the Ryazan,Volgograd,Astrakhan refineries have shut fuel production&it will take weeks or months to restore it
Drones also attacked Russia's limited oil storage as well as pipelines and pumping stations, disrupting flows to export ports and refineries in January, traders said
Today, Russia produces 8.9 million barrels per day, fulfilling the OPEC+ production cut deal. Compared to the 2019 record (11.25 million barrels per day), oil production is down 20%.
If production stops, wellheads and pipelines could collapse. Ukraine must continue to destroy the oil industry to extract the dollars that feed MAGA.Without dollars, no one wages war.
Yet Modi has given Putin assurances that there WILL be a plan around the embargo, and Bloomberg News reports the changed names of companies in Dubai, etc., as of yesterday, right as Modi visited Trump. This will support the ru shadow fleet. China current biggest buyer
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Gas Guzzlers should have gone the way of Payphones, why did they not?
https://biggovernment.substack.com/p/payphones-and-oil?r=1vj4ca
This is not the time to lift the foot from the gas, giving Moscow a reprieve. This is the time to increase the pressure on Moscow. First to free Ukraine, then to teach Russia a lesson.
Each and every one of them.
Let their refineries look like Bakhmut and Toretsk and Pokrovsk.
Hit Putin where it hurts him the most: oil. Destroy his main apparatus funding source and force him to take more $$ from his oligarch friends, whom will soon grow tired of him and issue a bounty for his head.
Slava Ukraini!
Heroyam Slava!
That's fine, but it's no reason to stop firing rockets at them.
It's a ploy, let the rockets fly!!!
There is nowhere to store this oil:
Drones also attacked Russia's limited oil storage as well as pipelines and pumping stations, disrupting flows to export ports and refineries in January, traders said
Source: https://reuters.com/world/europe/r…
FDT
Let's not stop there!
Crimea is Ukraine!!!