Russia’s last attempts to maintain the ceiling on oil prices.

The alliance against Putin from the European side suffers from inflation due to energy crises.

Putin did not care about the sanctions imposed on him as a result of his war with Ukraine.

He was ready and knew that the rise in oil prices would cover these sanctions and more.

So the United States of America, or whoever was guided by Putin’s thinking in this way,

defied international sanctions, so it immediately avoided Oil and Russian products,
then followed by its allies also for the same approach. Of course,
this matter affects the country’s daily oil yield, but the stubbornness did not respond,
as he knows that in the world there are markets that can be targeted, such as China, India, and others.

topics

The real purpose of the events

Gears of the technology industry stop due to the recession, and Samsung is the first to be affected.

The real purpose of the events

Putin’s opponents gathered on something: to reduce the prices of Russian oil
and bring it to a cheap price that covers only the cost of its production to curb
the reckless from continuing the war due to the weak budget.
It will also contribute to solving the global crises that are occurring now,
including if energy dies and The resulting inflation,
where the steps were taken as follows:
On the part of the Group of Seven industrialized countries
decided to set a ceiling on the global prices of Russian oil.

The United States, Canada, and the United Kingdom have
also imposed an embargo on Russian oil,
and the European Union is still considering cutting off Russian oil
sources in general so that Juan is not affected.
The economy is also planning to ban seaborne oil from Russia.
The real goal has become to put a ceiling on the price of Russian oil to reduce Moscow’s profits.
Buyers from other countries cannot deviate from this goal
as they rely on insurance and European financial services.

Will the price ceiling succeed in controlling the situation?

The seven countries determined last June that a ceiling on the price of oil
that comes from the sea and its petroleum derivatives will be agreed upon,
based on their insurance influence and their ability to withdraw their protection at any time,
as 95% of oil tankers in the world are secured through them through the international group of protection clubs.
compensation in London.

Will Russia surrender?

In search of hope, Russia has stated that it will not give up the oil prices that it sets in advance and
will not deal with any country that determines the price of the service,
and that it is looking for alternative markets,
as it establishes insurance clubs through the Russian national insurance companies,
and we also seek to create a special trading platform independent of the energy markets
Western oil is specific to Russian oil as its reference to the Russian domestic price,
and we hope that foreign traders will be proud of this purchase of Russian oil.

Russia has already secured some oil trucks destined for India through national companies,
which will be an adventure for buyers later. But diplomatic relations between
Moscow, India, and China make it easy for both sides, whatever the concessions.

name article Russia’s last attempts to maintain the ceiling on oil prices

Gears of the technology industry stop due to the recession,
and Samsung is the first to be affected.

In an important statement by Samsung Technologies, the selling indicators decreased by 32%.
A significant decline in the smart storage chip industries.

Sources confirm that memory chip manufacturers have declined significantly,
as the Korean Statistics Committee stated that there was a significant decline
in the market demand for storage chip products during August,
which has not happened for more than four years, coinciding with the Covid pandemic,
and it is worth noting that it is the first leader In the world in the manufacture of these storage chips,
it owns the two largest manufacturing companies in the world.
It is worth mentioning that such a statement from South Korea, especially at this time,
is considered a dangerous bell for the stagnation of the industry globally.

However, Kyung Kyuhyun, head of Samsung’s chip business,
said that the memory market likely won’t find momentum for recovery next year.
Kyung told employees at an internal event that Samsung cut its guidance on chip sales
for the second half of this year by 32% compared to its expectations in the previous year. April

article name Russia’s last attempts to maintain the ceiling on oil prices

While Samsung also emphasizes a sharp decline

in profits and
a significant decline in the market for memory chips and computers,
which has not happened since the beginning of the surgery,
as chip manufacturers have stated that
their industry is declining due to the suffering of increasing strictness
as a result of reduced orders and accumulation of stocks,
coinciding with weak Consumer demand for computers and
smartphones is also huge and unexpectedly noticeable,
which if it continues will lead to a collapse in the supply and demand market,
which poses a risk to the collapse of prices in the future, which his partner:
Coexia and Holdings and others take into account
Where they prepare to develop plans that will reduce production.

Operating profit has fallen by nearly $7.7 billion over the past three months,
as South Korea’s largest company said Friday in its operating statement,
as this result fell short of analysts’ expectations, estimated at 12 trillion yuan on average.
The company’s net income and divisional performance result
by the end of this month are already estimated at 76 trillion won,
according to the company’s sales estimate.

article name Russia’s last attempts to maintain the ceiling on oil prices

influences

Samsung shares fell on Friday, coinciding with the statement, by 2%.
The US industry was also affected, as Advanced Micro Devices said;
an American manufacturer of graphics chips and processors,
a significant decline of up to one billion dollars in its report for the third quarter of the secondary.
As the industry was affected by the contraction and
a significant drop in demand for consumer computers due to the current economic conditions,
as stated by Lisa Su, CEO of the American (AMD) company,
where this was contrary to all expectations from their side, as this left the accumulation of stocks,
which makes expectations go to a significant drop In the coming period,
unless the problem is directed with an ideal solution.

Consequences

Morgan Stanley Bank had another opinion,
as it updated the analysis of the transportation sector this week,
which affected Samsung and Hynix greatly, as it led to a great recovery and
raised their share prices adding expectations to the market recovery next year.

article name Russia’s last attempts to maintain the ceiling on oil prices

Russia&#8217;s last attempts to maintain the ceiling on oil prices

Related Topics

Russia’s last attempts to maintain the ceiling on oil prices