RUSSIAN Oil Price CAP will DESTROY Russian Income as CHINA & INDIA Engage in Positive Talks with USA

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USA & the G7 have proposed a PRICE CAP for Russian Oil that will limit to amount of Revenue that Russia is able to Earn on Oil. This CAP would be beneficial to the Rest of the World as it would REDUCE Global Prices. In order to be effective all nations need to agree and in this video I provide you with an update on the Proposal and the Talks with CHINA & INDIA. In addition to this I also provide you with details of PRODUCTION Volumes agreed by OPEC, as well as USA’s NOPEC Proposal. Finally I provide my view on the implications of theses issues for both Russia & the GLOBAL ECONOMY.

For specific details please check out the CHAPTER list below.

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Chapters:
0:00 Intro
2:51 RUSSIAN OIL CAP
6:50 OIL PRICES
9:24 OPEC
11:01 OIL PRODUCTION & EXPORTS
13:37 REDUCTION IN OUTPUT
17:32 NOPEC
20:54 SUMMARY & CONCLUSION

#UKRAINE
#RUSSIA
#OIL
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#worldwar3

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46 thoughts on “RUSSIAN Oil Price CAP will DESTROY Russian Income as CHINA & INDIA Engage in Positive Talks with USA”

  1. OPEC moving away from US dollars?
    LOL.
    We all see how well the US dollar is doing and it is still the safest currency for OPEC to use for oil.
    Specially because of how much oil USA use.
    It is just silly to think that OPEC in reality would consider to do that.

    Reply

  2. There is one thing you clearly don't understand Joe.
    If a lawsuit is won in a US federal court, they would not need to go through international courts at all.
    They could just seize assets that Saudi Arabia and other OPEC countries have in the US.
    They can seize and freeze bank accounts in the US.
    They can sanction weapon sales and more to make sure the fines are paid and more.

    And they could also go to other countries demanding them to seize assets to make sure the fines are paid.
    And all sorts of other methods where they would not need to involve any form of international courts.

    So this would not take that long time at all if NOPEC gets implemented.

    Reply

  3. Seriously what currency do you think that OPEC would start to use when it comes to oils deals?
    There are extremely few currencies that can even be considered in that case as most are way to volatile and insecure to use for them.
    OPEC walking away from the dollar would be a HUGE gamble by them that can backfire extremely badly for them.
    I would really like to know what currency you think OPEC would change to without it being a HUGE gamble for them.

    Reply

  5. In the USA hey tried to cap the price of retail gasoline at #1 per gallon. This was during an oil embargo. Needless to say, the long lines for the scarce fuel are legendary. If you are going to cap the price of Russian Oil, there needs to be an alternate supplier able to meet the demand.

    Reply

  8. And you actually think Russia will allow their oil to be sold at prices set by the G7? How naive are you? where have that ever worked? They will crawl back and beg for that oil at any price.

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  9. How long do you think it will take Russia to offer the insurance that the transport of oil requires? Russia will sell to anyone who has the money, and they'll gobble up the insurance premiums too. China and Russia are trading in rubles and yuan already. India too, and Pakistan wants access. OPEC is not going to let oil go lower. Meanwhile, Europeans are watching energy prices spiral upwards, with a cold winter coming. We will likely see 'regime changes' all through the EU before we see it in Moscow.

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  16. Just wishful thinking: In 02/2022 China and Russia signed a 100 billion US$ contract for additional gas. Russian exports to China increased by 50% and chinese exports to Russia increased by 20%.
    Russian oil and gas will be sold to western countries – but it will come from Malaysia or Venezuela or Saudi Arabia. All these "sanctions" are just a double shot in our own knee.
    We will have to pay the price for this silly "extra transport".

    Reply

  19. US dollar become an international currency because once upon the time, the world trusted the US and the western financial transaction system like the SWIFT. The US economy grow by being nurtured by all countries having a lot of their national reserves in the US dollar. The US happily obliged by printing more money for the circulation. But along the way, as its power grow, the US and the west greed become too much. Using divide politics to force regime changes, economic bullying and military force, the western powers creates instabilities and wars all over the world, to maintain its hegemony, exploiting and conquering foreign natural resources, and to cut down any rising country that may compete with them.
    So the world grow tired and fed up with it. But most do not dare to stand up against the powerful bully. Until Russia takes the lead right now, being punished economically by the tools the world have been trusting. Now the rest of the world are collectively triggered to take their stand, by supporting Russia and China as the promising leading countries to take down western dominance.
    Anything that feed the western power are to be cut down. Countries national reserves are dumping the US dollar, Euros, Pound sterling, foreign companies are delisting from western exchange. Alternative to SWIFT are being implemented, and US dollar usage is being replaced by using direct transaction in their own currencies. Soon BRICS+ countries will release a new international currency. Devaluing the western currencies is the economic war to bring down western economic power and thus its ability to mess up the world.
    The supply of energy as the life blood of economic activities also become a crucial part of the comprehensive effort to end the western hegemony. OPEC+ countries are doing this now. It employs pricing segmentation where the western nations pays the high price, but the rest of the world enjoys discounted price. Thanks to suicidal sanctions by the west to cut themselves off Russian energy, the rest of the world are enjoying the discounted surplus, feeding their economy and increase regional production and trades. Their economy will grow while the western economy is collapsing and its power will be downgraded.

    Reply

  20. OPEC is cutting oil output so they are siding with Russia. Naturally this will increase the cost of Russian oil. The price cap the west is trying to put on Russian oil is seen as a joke by the rest of the world and it will probably backfire.

    Reply

  21. Russian oil will cost $1 per Barrel……..but Fees ,Taxes, Russian Oil Insurance, Transaction Documentation Fees, Contract Fees will all add up to $99 plus the $1for the oil will come to $100 per barrel.

    Reply

  24. I think almost if not all the European leaders are idiots they underestimated their sanctions just to make their american master happy, all their economy is going to garbage can, while Russian economy is going strong the rubble is in the highest level.

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  26. What I find missing here is a consideration of Russia's transport options for getting their oil to market. Oil tankers inability to procure insurance for moving Russian crude to mention just one impediment.

    Reply

  28. Just stop buying from Russia period. Set a price cap and buy exclusively from the largest oil producer, the US for say $50 a barrel. Set price caps for LNG too and buy only from US at a price that's just a little above their production costs. I'm all for price caps and buying from your partners that you can trust, the US.

    Reply

  31. 💝Hosea 4:6 My people are destroyed for lack of knowledge:…
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    Fatima rapture dream: https://youtu.be/XvQGb62xqWI
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    Supernatural miracles: https://youtu.be/rba5smTBY7I. Warning dream of nuclear nyc: https://youtu.be/oGBfXJY8O10. https://444prophecynews.com/my-bride-must-withstand-the-suddenlies-coming-abby-k/ https://444prophecynews.com/you-are-entering-into-two-parallels-abby-k/

    Reply

  32. Thanks Joe you are SO FULL of CRAP and biased agenda Why cant you just tell unfiltered truth about the Zalinski or are you beholden too…According to yours hite and CNN version of facts Russia should have been done a year ago 🤣🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🥸🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓🤓😹😹😹💀💀💀💀💀💀💀💀💀💀💀💀💀💀💀😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹😹

    Reply

  33. The USA: we’ll sue OPEC for anti competitive actions.
    Also USA: I promise we’ll ‘stop Nordstream going ahead’ and the 6th fleet performing exercises in the areas where it failed with all ships and helicopters transponders switched off was just a coincidence.

    Reply

  36. Italy’s Election Hints at EU’s DEMISE!!!

    24,156 views Oct 8, 2022 As Giorgia Meloni emerged victorious in the Italy’s general election many are worrying about what her leadership could mean for relations with the European Union.

    The signs from across Europe are clear Liberal politics is becoming unpopular and populism is being viewed as the only viable solution to Europe's many problems.

    One country after the other in the EU is seeing the rise of what loosely can be termed as conservative or populist forces. Rising costs of living , energy, inflation, and of course the all-out energy.

    The economic crisis is propelling the rise of right-wing politics in Europe; That’s not all, many Europeans now believe that the sanctions against Russia are in fact hurting their own countries; that is why in countries like France, the Czech Republic, Ceremony, and others support for anti-Russia sanctions is waning.

    One thing is sure: From Sweden & France to Italy & Czech Republic, the whole of Europe will soon be gripped by waves of populism.

    Reply

  37. End U.S. Hegemony! China and Russia announce joint sanctions!

    82,714 views Oct 5, 2022 The current global can be said to be suffering from the U.S. hegemony for a long time, this hegemony is reflected in both the U.S. economic and trade monopoly, but also in the military and diplomatic suppression, but it is because the U.S. repeatedly oppress other countries, so that the world has sounded the voice of anti-U.S. hegemony.

    Over the years on the road against unipolarity and hegemony, China and Russia have been actively in the front line, the current China and Russia and break through the Western sanctions, is bound to end the U.S. financial hegemony, and this time China and Russia also chose to join forces to attack.

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  40. The prise of oil in Ireland, is bobbling up and down, like my granny's nickers before we put her into a home!! At one petrol station, I paid, €1,88 cents, a liter. Two miles up the road, it's €1,95 It's turning onto A MAD MAD WORLD!!

    Reply

  41. The price cap is nonsense. Russia doesn’t sell energy to Europe. Except Austria. So you can negate what comes out of Brussel. Russia sets the price, not the recipient. Russia sells cheap energy only to China and India. To spite the EU. Und Europeans are already marching against the EU and their national governments.

    Reply

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