Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: existentially_kuffer
Russia is selling its oil to China and India, which are selling it back to Europe at much higher cost. Turkey has also increased its imports of Russian oil.

Oil and gas sell themselves.

14 posted on 09/07/2022 11:20:16 AM PDT by Kazan
[ Post Reply | Private Reply | To 12 | View Replies ]


To: Kazan

OPEC producers like Saudi Arabia are buying Russian oil because its being sold at a discount to Brent Sea Crude price.
They are using it for their domestic consumption.
Then selling the crude they would have used domestically on the world market.


18 posted on 09/07/2022 11:46:44 AM PDT by woodbutcher1963
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson