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News Forum - UKRAINE UPDATES: Broadcasters pull out of Russia, oil soars to US$115


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• US broadcasters, CBS News and ABC News have joined the ranks of news outlets suspending their work in Russia after President Putin announced new sanctions for international broadcasters in Russia. President Vladimir Putin signed the new law saying he would impose prison terms of up to 15 years on people charged with spreading “fake news” about the war in Ukraine. Specifically, broadcasters would be prevented from sing the term “war” when discussing the Russian incursion into Ukraine. BBC, CNN and Bloomberg have also suspended their operations in Russia. • At the Opening Ceremony of the Paralympic Games in Beijing, […]

The story UKRAINE UPDATES: Broadcasters pull out of Russia, oil soars to US$115 as seen on Thaiger News.

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Crude oil is nearly 26% more expensive than just before Russia’s invasion of Ukraine 9 days ago.- interestingly approximately 70% of Russian oil is having difficulty finding buyers. Ural oil is trading at a historic $18 discount from Brent crude. Seems oil traders are worried of sanctions and getting stuck with oil they can’t sell. therefore the risk is being built into the price. Russian natural gas isn’t having any issues, I’m guessing since it pretty much gets used right away. 

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6 hours ago, EdwardV said:

Crude oil is nearly 26% more expensive than just before Russia’s invasion of Ukraine 9 days ago.- interestingly approximately 70% of Russian oil is having difficulty finding buyers. Ural oil is trading at a historic $18 discount from Brent crude. Seems oil traders are worried of sanctions and getting stuck with oil they can’t sell. therefore the risk is being built into the price. Russian natural gas isn’t having any issues, I’m guessing since it pretty much gets used right away. 

They discussing at the moment sanctions on oil exports from Russia, I guess thats also part of this reactions on the markets.

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Quoted from the full report:

' . . . . • British PM Boris Johnson has called the Brazilian President Jair Bolsonaro to discuss the Russian invasion of Ukraine. . . . '

 

The Brazilian President, eh? Reading between the lines, I suspect no one else had the stomach to talk to BoJo, but maybe, with a little more effort he could have told Putin what he thinks of his dangerous conduct . . . just maybe.

 

Edit: Added mention of full report source

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china is always on the side of russia...one dictator likes another...in the shade of the ukraine war china will attack taiwan and take it back...and guess what will happen...nothing...the us is easy threatened with nukes ( see vladimir threat towards nato ) ...

and yes i think china and russia are capable to drop a nuke ...just like us did already

now the rest of the world is super feared and voila they do what china & russia wants AND they finance the party cause they buy their gas ( russia ) and their consume junk ( china )...

solution once vladi mentioned his nuke ...just mention  us should have dropped theirs immediately on moscow..

max. 30 seconds after vladis statement was confirmed...without talk..but maybe with a smile thai style

immediately...cause talker are weak...

and vladi knows the europaen idiots very very well...

there is only one language vladi knows understands and exercises himself  that is the language of extreme violence...

preferable against unarmed civilians...

the motto here kick the weaker.... russian style

i think his plan is to destroy everything in ukraine to make a parking lot for his tanks so nato can see right in front of their doors...who the stronger is...

 

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2 hours ago, Stardust said:

They discussing at the moment sanctions on oil exports from Russia, I guess thats also part of this reactions on the markets.

Shell just bought a tanker of Russian oil at a $28.50 per barrel discount. Russian oil has become toxic in more ways than one.The White House has been getting a lot of pressure from both sides of congress to ban the import of Russian oil. They have so far not done so at the behest of Germany and Italy (the two most dependent EU countries). The ironic thing is as far as the US is concerned it doesn’t matter anyway. The US oil companies themselves have stopped buying Russian oil, having not imported a drop over the last week. Others have done the same and it’s why the market for Russian oil is so soft even when there is an energy crisis. It should make sanctioning Russian oil much easier. 

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"S&P Global slashed Russia’s credit rating on Friday for the second time in a week, stating that recent capital controls measures are increasingly likely to cause a default.

The sovereign is now rated CCC-, for both its local-currency and dollar debt. That is two notches above a default level."

https://www.wsj.com/livecoverage/russia-ukraine-latest-news-2022-03-04/card/russia-s-credit-rating-plummets-at-unprecedented-pace-POumQY1FFZrTRQULiORG

 

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11 minutes ago, EdwardV said:

Shell just bought a tanker of Russian oil at a $28.50 per barrel discount. Russian oil has become toxic in more ways than one.The White House has been getting a lot of pressure from both sides of congress to ban the import of Russian oil. They have so far not done so at the behest of Germany and Italy (the two most dependent EU countries). The ironic thing is as far as the US is concerned it doesn’t matter anyway. The US oil companies themselves have stopped buying Russian oil, having not imported a drop over the last week. Others have done the same and it’s why the market for Russian oil is so soft even when there is an energy crisis. It should make sanctioning Russian oil much easier. 

Yes Germany ordered 1,5 billion euro fluid gas and the gas price went up after this order. They organize everything to cut from the Russian gas. Also over Norway. Northstream they quit. But sure the percentage of the gas supply over Russia was too high and know they have to fix that in a short time almost a mission impossible but many countries try to help. Germany expect that the gas and oil supply from Russia would complete cut, this is already on the table.

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1 hour ago, EdwardV said:

Shell just bought a tanker of Russian oil at a $28.50 per barrel discount. Russian oil has become toxic in more ways than one.The White House has been getting a lot of pressure from both sides of congress to ban the import of Russian oil. They have so far not done so at the behest of Germany and Italy (the two most dependent EU countries). The ironic thing is as far as the US is concerned it doesn’t matter anyway. The US oil companies themselves have stopped buying Russian oil, having not imported a drop over the last week. Others have done the same and it’s why the market for Russian oil is so soft even when there is an energy crisis. It should make sanctioning Russian oil much easier. 

I just read a interesting report from a science institute that this fall of the Ruble coupled with the sanctions will create a hyperinflation in Russia. It is called hyperinflation when the inflation is over 50%.

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1 hour ago, Stardust said:

Yes Germany ordered 1,5 billion euro fluid gas and the gas price went up after this order. They organize everything to cut from the Russian gas. Also over Norway. Northstream they quit. But sure the percentage of the gas supply over Russia was too high and know they have to fix that in a short time almost a mission impossible but many countries try to help. Germany expect that the gas and oil supply from Russia would complete cut, this is already on the table.

Correction. Norstream 2 they quit ( although it hasn’t started yet).

Norstream is still working.

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10 minutes ago, Alavan said:

Correction. Norstream 2 they quit ( although it hasn’t started yet).

Norstream is still working.

Right nordstream 2 and already reported bankrupt (nordstream ag) . They already prepare for the total stop of any gas supply including nordstream. Thats why they orderd liquid gas for 1,5 billion euro even they have no docks yet for it but netherland and Denmark have, because the gas over the Norwaypipeline was not enough to replace all gas supplies from Russia . So they calculated all pipelines (Russia) will cut off.

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5 hours ago, King Cotton said:

Quoted from the full report:

' . . . . • British PM Boris Johnson has called the Brazilian President Jair Bolsonaro to discuss the Russian invasion of Ukraine. . . . '

The Brazilian President, eh? Reading between the lines, I suspect no one else had the stomach to talk to BoJo, but maybe, with a little more effort he could have told Putin what he thinks of his dangerous conduct . . . just maybe.

Edit: Added mention of full report source

He was probably asking about a retirement visa. 🤣 

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42 minutes ago, Alavan said:

Correction. Norstream 2 they quit ( although it hasn’t started yet).

Norstream is still working.

Nord Stream 1? I bet they need a special nod to blow that up! 

 

,

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1 hour ago, Stardust said:

I just read a interesting report from a science institute that this fall of the Ruble coupled with the sanctions will create a hyperinflation in Russia. It is called hyperinflation when the inflation is over 50%.

Yes that’s why Russia slammed the door shut last week, instituting full capital controls. While they expected and planned for sanctions, they were taken by surprise by how fast and hard they came. Inflation is skyrocketing and the Ruble is dropping like a rock. The Russian stock market was closed all last week and they have no idea when they can open it again. The Russians have shown in the past the ability to weather the storm, but taking on a full economic collapse is something different. This will not be confined to just Russia. There are a lot of countries that rely on things produced from that region of the world. Grain and fertilizer come to mind first. Places like Africa and the near East are going to take it on the chin. 

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