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RUSSIAN Oil Disaster

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Russia is a Leading Member of OPEC+ and is therefore expected to join in the action of the rest of the Consortium. However the recent OPEC+ Oil Production increases are hurting the Russian Economy as they are forcing down the price of oil. The latest round of cuts have come at a bad time for Russia which needs to maximise the revenue it is earning to support spending on the War in Ukraine.

For specific details please check out the CHAPTER list below.

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Chapters:
0:00 Intro
1:46 OPEC+
2:49 OVERPRODUCTION
4:36 OPEC+ CHANGES
7:23 RUSSIAN EXPORTS
9:26 RUSSIAN OIL PRICE
12:48 IMPACT ON REVENUE
16:32 SUMMARY & CONCLUSION

#UKRAINE
#russia
#opec
#uk
#pricecap
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3

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