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Russian infrastructure isn't affecting oil prices. The Russians are losing refineries, not oil fields. The Russian crude trade to countries like India pushes
by XorNot 13d ago
Russian infrastructure isn't affecting oil prices.
The Russians are losing refineries, not oil fields.
The Russian crude trade to countries like India pushes the price down globally, but limits Russian access to refined fuels and products.
It also limits their ability to fund the war.
- bryanlarsen 13d agoRussian infrastructure losses are affecting global diesel prices, pushing up the cost of everything.
- pbkompasz 13d agoSource?
- bryanlarsen 13d agoBasic supply & demand. Russia has banned the export of gas & diesel, and is buying gas from India.
- pbkompasz 11d agoThat's not a source
- toasty228 13d agoAll the petrol processed in the world is consumed virtually on the spot, take down any production capacity anywhere and you'll create all kind of nasty side effects, now take down multiple major actors/transport roads and you get the current situation
- XorNot 12d agoThat's not a source. And it also directly contradicts your assertion. Petroleum products are refined and consumed near the point of use because they're not very shelf stable. Petrol is not shipped internationally in any significant quantity, neither is diesel for these reasons. Take down any production capacity anywhere and you'll have shortages locally but crude oil supplies will divert to other refining capacity and fall in price. Conversely take down crude oil supply...
- bryanlarsen 12d agoIt's still a global trade. Russia - India trade is directly affected, so that affects the supply of diesel out of India for those who normally buy from India. So they buy from somebody else. And so on down the line. Diesel is shelf stable for 6-12 months, which is long enough to ship anywhere in the world.
- MarkusQ 13d agoRussia hasn't been exporting diesel to anyone for a while now, and they're unlikely to resume exports anytime soon. https://www.reuters.com/business/energy/russia-extends-diesel-gasoline-export-bans-until-end-january-2027-2026-07-30/ https://www.reuters.com/business/energy/russia-extends-diese...
- citrin_ru 12d agoIt does. Oil export is down after repeated attacks on ports and export infrastructure both on Black and Baltic sea and attacks on tankers in Black (and even Mediterranean) sea. Russia exports less oil than it extracts and will start shutting down oil wells soon (may be doing this already). Attacks on refineries also have impact on worlds petrol/diesel prices - one of biggest exporters turned into an importer at a time when there is world shortage of refining capacity and cracks spread is at or near all time high. > It also limits their ability to fund the war. It does but it also makes petrol and diesel more expensive around the world.