The Russia Price Cap Is FailingToday’s price updates for Urals and Brent Crude are sending strong signals that the EU/G7 price cap on Urals crude is, as I speculated earlier, …
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Russia May Have Found A Way To Circumvent The Cap

February 2023

It has been more than two weeks since the latest EU/G7 price caps on Russian refined oil products were announced, intended to limit Russian hydrocarbon…
Russia Pushes Back, Cuts Oil ProductionIn the latest pushback against EU/NATO sanctions on Russia after invading Ukraine, Russian Deputy Prime Minister Alexander Novak announced that …
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Moscow Is Getting No Help From Mother NatureOne hardly needs to be a military expert to understand why Russia would be planning a major offensive push into Ukraine in the very near future—…
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The EU Clamps Down On Refined Russian Oil
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January 2023

Rising Oil Prices Are Putting Pressure On the EU/G7 Cap
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Are Capacity Problems Looming On The Horizon?

December 2022

Will It Work?
For the second time this month, Ukraine has launched a drone attack on the Engels military air base near Saratov, hundreds of miles inside Russia. While…
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Vladimir Putin must think (or hope) that most Russian’s can’t do basic math. Why else would he claim that Russia is not losing money over the EU/G7 oil…
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It has now been a full two weeks since the EU imposed its price cap on seaborne Russian oil exports. At the present time, the price cap appears to be…