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Date: 2024-03-01 Page is: DBtxt001.php txt00024347
RUSSIA
THE OIL AND GAS SECTOR

Joe Blogs: RUSSIAN Oil & Gas Revenue Crashes 46% & Economy Suffers $34 Billion Deficit in February


Original article: https://www.youtube.com/watch?v=vk7Ep53UuFE
Peter Burgess COMMENTARY

Peter Burgess
RUSSIAN Oil & Gas Revenue Crashes 46% & Economy Suffers $34 Billion Deficit in February

Joe Blogs

Mar 25, 2023

272K subscribers ... 6.1K likes ... 58,822 views

#UKRAINE #russia #uk

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RUSSIA's Economy has COLLAPSED to its Worst Deficit in Russian History after the first two months of 2023 as Oil & Gas Revenues Crashed & Costs Increased Dramatically in January and February. The European Union Ban & Price Cap on CRUDE OIL came into effect on 5th December however the additional Ban & Cap on REFINED Products did not start until 5th February so the results for February only include a percentage of this impact and are likely to get significantly worse in March. In this video I provide more details of the February figures and discuss the problems that Russia is now facing.

For specific details please check out the CHAPTER list below.

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Chapters:
  • 0:00 Intro
  • 1:14 FEBRUARY RESULTS
  • 4:20 OIL & GAS REVENUE
  • 7:21 NON OIL & GAS
  • 8:03 EXPENSES
  • 8:46 DEFICIT
  • 10:03 IMF FORECASTS
  • 12:27 OIL PRICE
16:35 SUMMARY & CONCLUSION #UKRAINE #russia #uk #pricecap #GLOBALFINANCIALCRISIS #RUBLE #SWIFT #RECESSION #CHINA #USA #NATO #WW3 #WORLDWAR3



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