Russian Oil Disaster as New Oil Price Cap & Bans Looms & Russia Signs Supply Deal with Pakistan

[TexasTowelie]

The European Union has announced a Full Ban & Price Cap on all REFINED OIL Products that starts on 5th February. This is in addition to the Ban & Price Cap on the purchase of Russian Seaborn Crude Oil that was introduced on 5th December. In this video I provide more details of the impact and also look at the latest Supply deal that Russia has announced with Pakistan, a country this is on the Verge of BANKRUPTCY.

Chapters:
0:00 Intro
3:49 REFINED OIL PRICE CAP
4:53 REFINED OIL REVENUE
10:27 SHIPPING
13:44 PAKISTAN GASOLINE DEAL
14:49 DEAL SIZE
16:55 DEAL LOGISTICS
20:16 SUMMARY & CONCLUSION

[moniss]

1. Rootin' Tootin'Hootin' Putin

is one hell of a businessman isn't he? Striking a big deal with little to no chance of being paid. Pure genius. Like his American lapdog.

[ancianita]

2. Koch industries is still staying with Russia.

Father, Fred, having worked with Stalin, Charles Koch stands with that traditional family investment in Russia/Putin -- and/or he operates Koch Industries (formerly his father's Rock Island Oil & Refining Company) in Russia from a sunk cost fallacy; and/or he supports Putin's takeover of Ukraine for his "freedom" purposes. It's probably all of these.

He's made his bets. So have the entire Republican caucus, his wholly owned subsidiary.