Russian Oil Disaster as Price Cap & EU Ban Both Start Today & Will Devastate Oil Revenues- Joe Blogs

[TexasTowelie]

The OIL PRICE CAP & the EU BAN on Russian Oil both came into effect on 5th December and will have a devastating effect on Russia's Oil Revenues & Economy. In this video I provide full details of the OIL PRICE CAP, the EU Ban, Russia's Oil Volumes, the recent discounts Russia have been offering, Russia's RESPONSE and what the impact will be on the Russian Economy and the Global Economy.

0:00 Intro
2:35 EU BAN
5:11 PRICE CAP
8:36 OIL PRICES
11:22 RUSSIAN OIL PRICE
13:09 RUSSIAN DISCOUNT
14:06 RUSSIAN VOLUMES
16:05 IMPACT ON REVENUE
17:17 PRODUCTION COSTS
21:22 RUSSIAN RESPONSE
25:06 SUMMARY & CONCLUSION

[NNadir]

1. Interesting video. I watched the whole thing. Thanks!

[TexasTowelie]

2. The Joe Blogs series of videos are informative and I appreciate the fact that he does separate the

videos into chapters since the videos tend to run about 25-30 minutes. I usually avoid posting videos that long, but considering the information offered and the fact that he avoids rambling makes his perspective valuable.

[NNadir]

3. I agree. I found it to be an excellent well informed, tight analysis.

I oppose all dangerous fossil fuels, but one needs to understand how they work to do so. He's clearly an expert.