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    Home > Chemicals Industry > Petrochemical News > India is buying Russian oil wildly, making a fortune with a muffled voice, and a limit on Russian oil prices is unlikely

    India is buying Russian oil wildly, making a fortune with a muffled voice, and a limit on Russian oil prices is unlikely

    • Last Update: 2022-10-19
    • Source: Internet
    • Author: User
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    From the media news, India continues to increase the purchase of Russian oil, making Russia become India's second largest oil supplier, completely changed the structure of Indian oil imports, and India is also making enough money, can be described as the biggest winner in the Russian-Ukrainian conflict and the United States-Europe-Russia fighting law, it is reported that Russian oil discounts are often cheaper than international oil prices by more than a dozen dollars, which saves India a lot of money, Indian oil prices have not risen sharply, for India to control inflation has played a big role, of course, Roscos is not cheap India either, as
    it is for all customers.

    Europe and the United States sanctions Russian oil, mainly rely on the oil supply in the Middle East, Europe to increase the purchase of oil from the Middle East, and the former India's second largest supplier Saudi Arabia was overtaken by Russia, Russian oil is mainly sold to South Asia, in fact, the supply and demand structure of the international oil market has changed, but the root cause of the rise in oil prices has not changed, the geopolitical crisis stimulated the logic of international crude oil prices has not changed, but the international crude oil market has shifted, and the supply and demand parties have changed from different angles.
    This trend is highly likely to continue
    .

    India not only frantically buys Russian oil, but also increases the intensity of importing Russian coal, a crisis of the Russian-Ukrainian conflict, let India enrich its own pockets, eat enough Russian oil and coal, and India also wants to get involved in the Sakhalin natural gas project, hoping to receive natural gas rights and interests from other countries, the war fortune of eating is very ugly, which makes the United States and Europe try to win India The practice of success is successful, no matter what method can not prevent India from picking up the biggest bargain, and India is not afraid of sanctions and runs on Europe and the United States.
    Unscrupulous.

    The United States and Europe have been planning a limit on Russian oil, which is unlikely at present, first of all, OPEC has not excluded Russia, has been strengthening cooperation with Russia, and Russia has only provided discounts, and has not threatened the interests of OPEC, the operation of OPEC+ has been effective, from this point the United States and Europe can not exclude Russian oil alone, and restricting Russian oil prices will only weaken the competitiveness of OPEC, but let OPEC lose the market, OPEC is unlikely to participate in the price limit plan in Europe and the United States, and it is even less likely that Europe and the United States will bypass OPEC
    .

    Secondly, Russian oil's customers are very extensive, not only crude oil, but also refined gasoline, etc.
    , can be provided to a wide range of customers, this is not Europe and the United States can envelop the live, Europe and the United States price limit plan is only for themselves to open up channels to buy Russian oil, did not consider other buyers, other buyers can not participate in such a limit channel, in the end is cheap Europe and the United States themselves, such a reality everyone sees very clearly, the United States and Europe ideas are very full, the reality is very bone, The participation of other countries in the price limit plan can only help Europe and the United States themselves but it is not beneficial
    .

    At present, Ukraine's grain exports have been successfully realized, there are provisions for lifting sanctions on Russian grain, if Russian grain exports go well, then this agreement may be extended to other areas, such as Russian metals, etc.
    , this plan can be smoothly implemented and let the world see the fragility of European and American sanctions against Russia, as well as the prospect of softening sanctions against Russia, which will eventually shift to the Russian oil field, so the U.
    S.
    -Europe price limit plan can only be imagined, and ultimately needs to be based on the progress of the Russian-Ukrainian conflict.
    As well as the evolution of sanctions against Russia to determine
    .

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