(London Composite Electric) Russia has been able to avoid the export sanctions applied by the Seventh -way Group Group. It is estimated that Russia's oil income this year is still considerable.The West has to restrain Russian oil revenue through the upper limit of oil prices.
Financial Times analyzes the records of the commodity tracking company Kpler's shipping and insurance company records that it has nearly a quarter that Russia has nearly a quarter without Western operators in August, which is higher than the 50 % ratio of this spring.This means that Russia can now avoid the upper limit of oil prices and sell more oil at the price closer to the international market.
It is reported that this change's efforts to restrict Russian oil revenue in the West are a major blow.The largest part of the Kremlin's budget comes from oil income.
In December last year, the Seventh Kingdom Group (G7), the European Union and Australia paid The price of crude oil sets the upper limit of $ 60 per barrel , in order to weaken Russia's Ukrainian War provides the ability to provide funds.When the G7 oil price is less than $ 60 per barrel, Western operators provide services such as transportation or insurance for Russian oil.At the beginning, Russia sold oil to the new customers in order to sell oil and to shift a large amount of oil from the European market to Asia, and lowered the oil price to $ 40 per barrel.
In the past, when Russia pushed oil to the international market, it relied very much on Western insurance and transportation services. The G7 originally thought that Moscow had no choice but to follow the upper limit of crude oil prices. I did not expect that it was still negotiated.
Financial Times said that Russia has established its own "Dark Fleet" to continue to sell oil without relying on Western insurance or other services.With the global demand for oil, the price per barrel sold by Russia has exceeded $ 60 per barrel from July.
Now the price of crude oil has risen to a price of $ 100 per barrel. There is no doubt that the oil income of the Kremlin Palace will also rise.
The Institute of Kiev Economics estimates that since July this year, the steady increase in crude oil prices, coupled with Russia's successful reduction of Russian crude oil discounts, means that Russian crude oil revenue in 2023 may be at least 15 billion higher than the original level.US dollar (about S $ 20.5 billion).
Economist: There may be no way to restrict Russian oil in the West
Hilgenstoke, an economist at the School of Economics, believes that in the current situation, the West may have no way to restrict Russia's oil sales.He said: "The changes in the Russian oil transportation methods may be difficult to implement the price limit in the future. It is even more regrettable that when we have greater influence before, we have not made it up to take more measures and take more measures to take more measures to take more measures to take more measures to take more measures to take more measures.Execute it. "
According to Bloomberg, the Russian government is expected to surge in revenue from petroleum and natural gas, which will increase the National Wealth Fund by 40 % in the next three years.
Russia is the third largest crude oil producer in the world, with crude oil output accounted for more than 12 % of the global total output.Russia exported 8 million barrels of oil every day in 2022, which is the fourth largest exporter of oil exports in the world.
Russia announced last Thursday (September 21) that gasoline and diesel exports were temporarily restricted to prevent the domestic market from supplying shortages, causing the market to worry that Moscow tried to disturb the petroleum market.Prior to this, Russian President Putin had controlled natural gas exports, triggering the energy crisis last year.
