Russia Sends Record Volumes Of Oil To India, China

By Tsvetana Paraskova of OilPrice.com

While Europe shuns Russian oil amid sanctions and expectations of an oil embargo on Russian oil imports, India and China have stepped up purchases and are importing record volumes of Russian crude, according to data from energy analytics company Kpler cited by Bloomberg on Friday.

Russia had up to 79 million barrels of crude either traveling on tankers or held in floating storage over the past week, Kpler’s estimates have shown. That’s more than double the 27 million barrels of crude Russia had seaborne in February, just before Putin’s invasion of Ukraine.

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ARE PUTIN AND XI GRAY CHAMPIONS? (PART 2)

In Part 1 of this article I examined previous Fourth Turnings and the Gray Champions who won and lost, but made a difference in the course of history. Now I will try to peer through the fog of disinformation, lies, and false narratives to try and determine which Gray Champions will make a difference in this Fourth Turning.

Ukraine: The United States are now fighting a proxy war with Russia - REBEL

The U.S. and NATO are playing with fire by poking the bear. This is no longer a limited conflict between Russia and the Ukraine. In the early days of the conflict, there were constant talks between both sides, with the possibility of a negotiated resolution. The American Empire nixed those talks. The neo-cons, representing the interests of the military industrial complex uni-party, see an opportunity to further enrich themselves, while believing they can bleed and weaken Putin. But who is really being weakened in the long run?

Russian Ruble Value in US Dollars, May 10, 2022

Putin’s military operation began on February 24. Oil was $93 a barrel. It is up 13% and despite economic sanctions, Russian oil revenue is higher, and the ruble is at a two year high versus the USD and Euro. Natural gas prices are up 69%. Diesel prices are up 89%. Gasoline prices are up 29%. Wheat prices are up 31%. The stock market is down 5% and at a one year low. As an exporter of oil, natural gas, and wheat, is Russia really suffering from these price increases, or are the citizens of the EU and U.S. bearing the brunt of the pain? Russians are paying $2.80 a gallon for gasoline, while Americans are paying $4.65 per gallon. Who’s winning this proxy war?

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