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Date: 2024-12-26 Page is: DBtxt003.php txt00025409
ENERGY
RUSSIA AND THE GLOBAL OIL ECONOMY

Joe Blogs: RUSSIAN Income Collapses as Oil Production Cuts Hurt Russian Economy despite rise in Oil Prices


Original article: https://www.youtube.com/watch?v=0rn44Tf60tk
Peter Burgess COMMENTARY

Peter Burgess
RUSSIAN Income Collapses as Oil Production Cuts Hurt Russian Economy despite rise in Oil Prices

Joe Blogs

Sep 14, 2023

322K subscribers ... 53,944 views ... 4.8K likes

#UKRAINE #russiaukrainewar #oil

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Oil Prices spiked following Russia's invasion of Ukraine however they started to fall in the second half of 2022 as the Global Economy began to slow down. Over the past couple of months the price of Oil has started to rise again due to PRODUCTION CUTS by OPEC+. Over the past 18 months Russia has experienced a huge fall in revenue from Fossil Fuels as a result of SANCTIONS, PRICE DISCOUNTS and FALLING PRICES. In this video I look at current Oil Prices, discuss what is happening and look at the impact on both the Russian Economy and the Global Economy.

For specific details please check out the CHAPTER list below.

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Chapters:
  • 0:00 Intro
  • 2:38 DEMAND & SUPPLY
  • 6:00 OPEC+
  • 9:07 OIL PRICES
  • 11:38 RUSSIAN OIL PRICE
  • 15:44 RUSSIAN REVENUE
  • 18:39 SUMMARY & CONCLUSION
#UKRAINE #russiaukrainewar #oil #pricecap #GLOBALFINANCIALCRISIS #RUBLE #SWIFT #RECESSION #CHINA #USA #NATO #WW3 #WORLDWAR3
























































































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