• khannie@lemmy.world
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      3 days ago

      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.

    • Valmond@lemmy.world
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      3 days ago

      And even more down if you use the net benefit as the Urals breakout price is around 40+ dollars.