How much of that oil is then re-exported? I’ve heard of India doing this, importing oil from Russia and then turning around to export it to Europe.
China and India, the biggest supporters of terrorism
But they’re buying it for real cheap and only in their own currency so Russia is forced to use it to buy stuff from them. Its not helping out the Russian finances too much.
China and Russia are frienemies and india is self serving since Independence from Britain.
Frie-nemies?
Maybe it’s time to talk with the top 3… 😕
Dear others, why do you still buy Russian fuel? Thanks in advance
Yeah, this “Other” guy seems sus af
We did that once, the top three all stopped, but then China, India and other took the place.
Conversation with #3 will be the funny one
I’m in transit so hard to tell visually what the net impact is. Up or down? Appears negligible
Adding up the components, total comes out to 1952k tonnes on the left and 1603k on the right
It’s a difference of about 300k tons/yr, but as others have mentioned, the price paid to Russia for these exports have plummeted. So in addition to exporting less, they are also getting paid substantially less as well.
Yeah I would love to see this converted to prices. Should be easy as we can see the global price of oil.
It looks negligible because the left and right sides don’t both start at the bottom.
Terrible visualisation of what could have been very interesting data.
Thanks for pointing that out. Bad data visualisation strikes again…
It’s clearly down; even downer if we calculate in dollars and not tonnes, as the prices fell.
Comfortingly, as the price of oil has fallen and their cost to extract and refine it remains fixed (or increasing with the very high wage inflation rate there), the amount of net profit they get has fallen non-linearly.
And even more down if you use the net benefit as the Urals breakout price is around 40+ dollars.
Yeah i wish this graph showed how little it is overall compared to 2022
