Военное обозрение By Top War
Prices are not a dogma
The still very dubious prospect of lower oil prices may well become real. It is still quite difficult to say how dangerous this is for Russia, which does not reduce hydrocarbon exports under the conditions of a price ceiling and sanctions.
However, when too much is decided not by the decisions or forecasts themselves, but by how they are presented, the fact that the question is being posed in this way is very important. Even taking into account that the Financial Times reports on the changes in the Saudi Arabian government’s position.
The publication is businesslike, authoritative, but often, or rather almost always, works almost under the dictation of the US State Department. The camouflage in the form of a reference to OPEC’s readiness to abandon strict quotas for production and export levels can be ignored.
As is known, already in early September, eight countries of the OPEC+ alliance postponed for two months the increase in oil production by 180 thousand barrels per day, which was planned for early October. This was done taking into account the beginning of the decline in oil prices.
Many people rushed to the conclusion regarding Riyadh’s statements that the price reduction is aimed primarily against Russia, which finances the SVO with oil and gas revenues. Meanwhile, it was precisely at high prices that the losses in income due to sanctions and the price ceiling were most noticeable for the Russian budget…
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