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Who knew something good could come out of Trump's ridiculous tariffs.



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Bofferbrauer2 said:
shavenferret said:

The russian oil market has collapsed, as prices are in the low 50's per barrel over there. I see articles saying that the oil companies aren't making a profit when spot prices are lower than $60 or so per barrel. But i'm sure that Ukraine can help Russia figure out which refineries should be shut down.

Here's an article for reference.
https://www.reuters.com/markets/commodities/russian-urals-oil-prices-fell-lowest-level-since-2023-brent-price-collapsed-2025-04-07/

It's apparently $64 in the US. But in Russia, where wages are much lower, that could be also much lower, so I guess they're still selling at a profit, albeit a small one.

This $60 figure is probably assuming that things are "normal", because there is now added costs of rebuilding the destroyed refineries, pipes, and even ships.  There is no doubt more turnover for these jobs now that the refineries and ships are getting hit, etc.  The drone campaign also greatly reduces production and increases waste of oil which has an even worse effect on profit.  

Edit:  I responded to ya before i looked up what the actual profit was because I don't have a clue, and sure enough, gazprom posted a negative profit very recently.  I'm sure that Lukoil or whatever and the smaller companies are having the same problem.  Here's an article if you're curious:

https://www.reuters.com/business/energy/gazprom-swings-net-loss-129-billion-under-russian-standards-2024-ifx-reports-2025-03-17/



shavenferret said:
Bofferbrauer2 said:

It's apparently $64 in the US. But in Russia, where wages are much lower, that could be also much lower, so I guess they're still selling at a profit, albeit a small one.

This $60 figure is probably assuming that things are "normal", because there is now added costs of rebuilding the destroyed refineries, pipes, and even ships.  There is no doubt more turnover for these jobs now that the refineries and ships are getting hit, etc.  The drone campaign also greatly reduces production and increases waste of oil which has an even worse effect on profit.  

Edit:  I responded to ya before i looked up what the actual profit was because I don't have a clue, and sure enough, gazprom posted a negative profit very recently.  I'm sure that Lukoil or whatever and the smaller companies are having the same problem.  Here's an article if you're curious:

https://www.reuters.com/business/energy/gazprom-swings-net-loss-129-billion-under-russian-standards-2024-ifx-reports-2025-03-17/

The article says that the loss is mostly down to a loss of share value, which apparently gets counted in Russian accounting standards. But I expect the main reason for financial loss not being that the oil price is too low to make profit, but the constant rebuilding of the refineries (plus the loss of oil in storage to fires and the shutdown of production during the reconstruction) that are getting targeted by Ukrainian forces.



Very concerned, very frustrated, Trump is very unhappy! Oh Russia is going to get it now! They've fucked up now! They must be terrified that Trump is very unhappy! Maybe next he'll tell them that he's disappointed in them! Damn Putin is shaking in his boots. I bet next month Trump will be very unhappy with Putin too!

Anyway...



Ok USA doesn't do business with Russia but at least some penguins get taxed higher now lul



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crissindahouse said:

Ok USA doesn't do business with Russia but at least some penguins get taxed higher now lul

Still do about $3.5bn in business with Russia too, more than many countries on that list.



Ryuu96 said:
crissindahouse said:

Ok USA doesn't do business with Russia but at least some penguins get taxed higher now lul

Still do about $3.5bn in business with Russia too, more than many countries on that list.

Yeah obviously, it just shows how this dude is lying with every sentence. "No business" is obviously not the reason or penguins wouldn't have to pay a tax now haha



Ryuu96 said:

Very concerned, very frustrated, Trump is very unhappy! Oh Russia is going to get it now! They've fucked up now! They must be terrified that Trump is very unhappy! Maybe next he'll tell them that he's disappointed in them! Damn Putin is shaking in his boots. I bet next month Trump will be very unhappy with Putin too!

Anyway...

Making space for an European army - just a couple years early.

Either way, I'd say it doesn't really matter. Russia is way too depleted in materiel to be able to make a serious invasion effort into a country that's still fully equipped, let alone 4 of them (which at the state of the Russian army would probably curbstomp them even harder than in 1919)



Ukraine captured Chinese soldiers and zelensky has demanded that China give some answers. Escalation?

https://kyivindependent.com/ukraine-captured-2-chinese-nationals-fighting-for-russia-zelensky-says/



shavenferret said:

Ukraine captured Chinese soldiers and zelensky has demanded that China give some answers. Escalation?

https://kyivindependent.com/ukraine-captured-2-chinese-nationals-fighting-for-russia-zelensky-says/

Soldiers in the sense that they're fighting for Russia's army, not actual Chinese soldiers, they're just Chinese citizens, it's not really anything new, I imagine Zelenskyy is only bringing it up now because of Trump's deep hatred of China. But he's right that China should do something about it and stop Russia recruiting its citizens and he's right that China low-key helps Russia and tries to play both sides.

Last edited by Ryuu96 - on 08 April 2025