ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99

To: Sun Tzu who wrote (53565)	3/4/2022 3:39:56 PM
From: Jacob Snyder	1 Recommendation Read Replies (1) of 97534

Some numbers: Russia is the world’s third largest oil producer behind the United States and Saudi Arabia. In January 2022, Russia’s total oil production was 11.3 mb/d… Russia is the world’s largest exporter of oil to global markets…In December 2021, it exported 7.8 mb/d… About 60% of Russia’s oil exports go to OECD Europe, and another 20% go to China.… iea.org To stop buying Russian oil, requires much higher production elsewhere. Even if we have a recession, global demand will not fall by 7.8mb/d.

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