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Hyderabad Wealth Management:India refuses to Russia oil, and the energy card can’t be moved. It is difficult to go this year.

Time:2024-10-25 Read:17 Comment:0 Author:Admin88

India refuses to Russia oil, and the energy card can’t be moved. It is difficult to go this year.

Although Putin happily said: Based on purchasing power parity, the Russian economy has become the first in Europe and the fifth world, and the growth rate of the past year may reach 4%.But everyone knows that economic losses caused by the limited exports of energy, food and raw materials are impossible to make up for it in a short period of time.

In addition, in order to continue the Russian and Ukraine War, Russia needs new foreign exchange channels, and sufficient foreign exchange to purchase ammunition and electronic devices required for production weapons, but India's important oil buyers will not be accompanied.

The reason is that Saudi Arabia exports crude oil to Asia. The price is reduced by $ 2 per barrelHyderabad Wealth Management. Subsequently, India announced the reduction of the purchase of Russia's oil, instead seeking cooperation with Saudi Arabia, hoping that the Russian side will give more discounts and continue to accept ruble payment settlement.Minister of Petroleum Pachel bluntly said: "If Russia does not provide us with a good discount, why should we buy it from it?"

It may be okay to give some discounts, but Russia, such a currency Russia, really doesn't want it!This currency has only a small number of Gulf countries acknowledged that most of the time is waste paper, and it is almost impossible to buy anything.What is even more hateful is!India himself does not accept this currency, and he shamelessly hopes that Russia can invest in the rubles in India. This is simply the same as the hooligan.

A few days ago, Bloomberg reported the news that 6 Russian oil tankers left India's port and went to East Asia. It was because the settlement method could not be unloaded.Russia has no concessions in the settlement method, either to the US dollar or RMB, otherwise it is free.

But if you lose the big customer of India, who can Russia's oil be sold to?I'm afraid it is difficult to find a buyer.

Because the global oil consumer market is downturn, coupled with the step -by -step advice of new energy vehicles, the cake is getting smaller and smaller.According to the International Energy Agency's estimates, this year's crude oil supply level will reach 103.4 million barrels/day, and the average demand will be only 102.9 million barrels per day. The supply is definitely excess.

And the three emerging oil export countries, the United States, Brazil and Guyana, are also seizing the market. Especially in the United States, its oil production capacity has burst to more than 19.3 million barrels, surpassing the sum of the two domestic capabilities of Russia and Saudi Arabia. It is expected that this year is expected to by this yearCan reach the average level of 20 million barrels, or even higher!

In other words, the market where Russia and Saudi Arabia reduces production. The United States, Brazil, and Guyana are all received in the market. It can be collected as much as possible, and Iran may also join the single war.It is impossible to rely on the price to increase the price of oil. Instead, in order to lose the market, Saudi Arabia has taken the lead in reducing the price.

In this harsh situation, what else is there in Russia?It is not unprecedented, in general, the two directions can break through.

The first is to reduce your dependence on foreign exchange.This is actually not difficult. For example, it can reduce the number of international mercenaries and call more Russians to participate in the war, so that there is no need to use foreign exchange wages.Of course, since the massive amount of rubles has been accumulated, it is also feasible to recruit more Indians to participate in the war, and it is also feasible to send them rubles.

For another example, Russia should also revitalize its own equipment manufacturing and ammunition manufacturers to reduce dependence on imported goods as much as possible. Even if it cannot get rid of imports, it is necessary to rely on my country's currency, Iran's currency and Indian rubles to buy as much as possible to buy. product.Of course, self -reliance is always the best way out, which can not only boost the domestic economy, but also reduce the pressure of foreign exchange.

The other direction is "coaxing the price of oil"Lucknow Wealth Management. As long as the international oil price exceeds the $ 110 barrel, Europe and the United States will cry with Russia!Russia's oil will not be worried.But the current oil prices are less than $ 80. How can we raise oil prices?The reduction of production is not effective, and Saudi Arabia is willing to cooperate with Russia, and the UAE has begun to increase production. The only way is to create a "chaotic image" in the Middle East.

After a new round of Pakistani conflict broke out in October last year, international oil prices rose to $ 92.38. Although there was no problem of decline in oil supply at the time, everyone was afraid of the Middle East.Possible wars will stimulate oil prices.Surat Investment

So as long as Russia has disrupted the Middle East, oil prices have no reason to rise!Such as attacking Iraq, Saudi Arabia, Kuwait's oilfields and oil pins facilities!This dirty work can be handed over to Hassas or Hamas forces to work.

But this operation is also difficult, that is, the Gulf country has reconciled, and the alliance behind Hassas with Saudi Arabia has also reconciled, so that it will launch the attack!It even affects the relationship between Russia and the Middle East.And Hamas was trapped in the "Prison" Gaza Strip. Moreover, it relied on the funding life of the Gulf country for a long time and could not offend any gold master!So if you want to make it messy, it is not difficult. Russia will not go well this year.

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