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Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Drenimarcus(m): 10:18pm On Mar 19, 2022 |
olas24u: Russia market opens on Monday. 1 Like |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by drnoel: 10:28pm On Mar 19, 2022 |
Author267: What the hell are U ranting |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Nellsworld(m): 10:49pm On Mar 19, 2022 |
cooltola:The US went to the Saudis to increase the vol. But the Saudis and other opec members refused cos other members like Nigeria couldn't meet up to their quota, that's y the EU is basically helpless and returned to Russia for gas, the US is still negotiating with Iran and Venezuela that dey sanctioned, which those two countries are Russia allies, the US will buy their oil and them will buy Russia weapons, so Russia indirectly not losing 2 Likes |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Major7: 10:53pm On Mar 19, 2022 |
NkanuSon: Let's be careful of what we wish for and tread cautiously. Hatred for the western world should not blind us completely to our love for each other as humanity. That was how boko haram started and look at where we are. Countless lives are lost.i believe the world need genuine love to heal and not hatred. Peace 1 Like |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by akilo1: 11:47pm On Mar 19, 2022 |
Author267:quit smoking weed bro..it is dangerous to your health 1 Like |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by cooltola(m): 11:48pm On Mar 19, 2022 |
olugabbie: I guess cold war 2.0 East versus West , democracy versus communism |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Bigchristo: 11:52pm On Mar 19, 2022 |
27Pushing30:Currently US isn’t making any money they’re the people spending their money to give aids and weapons to Ukraine, how do you expect a country at war nothing is functioning at the moment to be paying you to purchase weapons? How una take Dey make analysis self? |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by blackjack21(m): 12:42am On Mar 20, 2022 |
posty56: India is a major Allie to the U.S, and not to Russia. The USA has constantly used India to antagonize the Chinese, a true Russia's Allie. 2 Likes |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by smeag0l(m): 12:50am On Mar 20, 2022 |
I wonder why people here are rejoicing that India is buying Russian oil and cursing the west. Take it or leave it, the US is still the best superpower the world can ever have. It is good that they're involving themselves in issues like this otherwise there would have been no peace in the world. Everything that Putin has done up till today is the exact step Hitler took and when he saw that after annexing Poland the west didn't get involved he now started taking the countries one by one until he took almost half of europe and this led to the second World War. The world can't be watching Putin misbehave otherwise this will set a precedence of neighbours invading their weaker neighbours. And just so you know, Russian oil is selling at 80% discount now and even some countries in the west are still buying it as it is so cheap. 2 Likes 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by 27Pushing30: 1:27am On Mar 20, 2022 |
Bigchristo: Are you even educated at all?? Wow! See ignorance. You’re probably one of those who thinks Rapsody of realties is actually “free” Damn 1 Like |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by grandstar(m): 1:52am On Mar 20, 2022 |
olas24u: Do you want to survive or thrive? The only thing that keeps the Mullahs in power in Iran is that the people can't kick them out. Same with North Korea and Venezuela. I know the pain that my inability to use PayPal is causing me due to PMB's forex controls. Talk less of the damage sanctions such as those heaped on Russia! If Iran was a democracy, do you think the Mullahs would be in power? Or the rocket man in North Korea or Maduro in Venezuela? They are only interested in holding on to piwer. The welfare of their cotizens comes a distant second. Putin is a dictator. He has hold on to power for 22 years or so. Under a true democracy, he should have been out after 2 terms. 1 Like |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by grandstar(m): 2:07am On Mar 20, 2022 |
olas24u: The primary reason why the country imports refined oils boils down to the existence of price controls and the refusal to privatize the government owned refineries. The solution is simple but unpalatable. Solution is to end petrol subsidies and deregulate the price of petrol. The price of diesel has long been deregulated. With deregulation, the private sector will have the incentive to set up refineries. The few private refineries in Nigeria only produce diesel because the price is deregulated, that means set by market forces. Nobody will want to refine petrol as long as government fixes the price, especially below market value. Dangote has already said he would be selling his products at the international price. He also fought for the deregulation of the price of petrol in the recently passed oil and gas bill. The price was supposed to have been deregulated in July this year but because 2023 is an election year, this has been postponed till next year. However, once Dangotes refinery is up and going, it should satisfy the country's need. 1 Like |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by pmc01(m): 4:52am On Mar 20, 2022 |
generalwo: If the oil is in abundance and won't finish, what's the hurt in reducing profit margin? |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by pmc01(m): 4:54am On Mar 20, 2022 |
sotall: And you talk as if they incurred losses, selling at a discounted price. Or the oil has finished and they have none for sale again? 1 Like |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Bigchristo: 7:31am On Mar 20, 2022 |
27Pushing30:Oga shut up your mouth and stop reasoning with your Anus, there’s an attachment for your understanding.
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Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Ibrahimmrfish(m): 11:04am On Mar 20, 2022 |
vibbb:India is not Nigeria or Kenya,even with all the hot sanctions against Iran, India still buy oil from Iran. American cannot afford to sanctions india,that is over a billion in population. |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by 27Pushing30: 11:37am On Mar 20, 2022 |
Bigchristo: Oga let me just assume you did not go to school … I made a SIMPLE statement” … Who benefits from the arms sales to Ukraine” and instead of saying you don’t know all you’re doing is embarrassing whatever institution(s) from primary to whatever level you’ve attained so far ! Go back to school! Cos you’re ignorant on simple finance/economics… simple finance/economics o! |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by baralatie(m): 11:43am On Mar 20, 2022 |
Bigchristo:I wonder o 1 Like |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Bigchristo: 11:50am On Mar 20, 2022 |
27Pushing30:You claimed to have sense but you’re too dull, Between a country that is supplying aids and weapons and those receiving it for free without payment who is the benefactors? Common sense nor gum you… you’ve make me to realize you are not worth it. |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by ken6488(m): 12:26pm On Mar 20, 2022 |
chloride6:USSR, Russia saved India from NATO and USA many times check history |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by chloride6: 1:02pm On Mar 20, 2022 |
ken6488: After languishing unfruitfully for many years under the nonsense economic policies of the eastern bloc. |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by 27Pushing30: 1:31pm On Mar 20, 2022 |
Bigchristo: Ignorance bad… Hint… Who produced the weapons? |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Bigchristo: 3:14pm On Mar 20, 2022 |
27Pushing30:Do you even have sense? You as a person producing weapons and giving it free even adding money to it as aid to a certain country to use what is your profit? That’s the exact thing you need to realize here ode keep arguing with your keypad |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by SuperSixSeven: 4:02pm On Mar 20, 2022 |
Jeromejnr: please take 2 mins on wikipedia and find what cancel culture is.. |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Jeromejnr(m): 4:05pm On Mar 20, 2022 |
SuperSixSeven: Please dont tell someone who lives in an environment of cancel culture to go to Wikipedia to learn what culture is. |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by olas24u(f): 5:42pm On Mar 20, 2022 |
grandstar:This are textbook theories ,nigeria is not the only oil producing countryn,but the only opec memeber that imports refined products from europe.All this theories applies onlly to Nigeriia right.i dont believe in all what you have written.we have crude ans inport refined products ,we have coacoa and import chocolates ,etc.Same template ,all this theories are not true.You want to create a monoploy from a single producer and refinery and you are writing market economy theories. |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by olas24u(f): 5:43pm On Mar 20, 2022 |
grandstar:How many mullahs are in power in iran?they are just supreme leaders in decision making process |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by grandstar(m): 5:55pm On Mar 20, 2022 |
olas24u: They however hold the reins of power. That is uncontestable. The people don't like them but they can't be pushed out. |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by olas24u(f): 5:56pm On Mar 20, 2022 |
grandstar:Countries have designed what works for them,democracy is not the best form of government.You make it look like its the only way to develop a country.you design for yourself,your own ways . |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by olas24u(f): 5:59pm On Mar 20, 2022 |
grandstar:Iran has a democratically elected president, a parliament (or Majlis), an Assembly of Experts (which elects the supreme leader), and local councils. According to the constitution, all candidates running for these positions must be vetted by the Guardian Council before being elected. |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by grandstar(m): 7:05pm On Mar 20, 2022 |
olas24u: These are not economic theories. I have at some point shopped for foreign investors for people had oil refinery licenses. About 20 were handed out. I do not support a monopoly. It is essential that the doors, are open for imports so that a monopoly won't arise. Sadly, Dangote has ensured that only those with refining capacity are allowed to import refined fuel when his plant is operational. This is wrong. Saudi Arabia imports refined oils. https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN1W10V2 There's nothing wrong in importing chocolates. What's wrong is when a country does not export much. Nigerian exports needs to grow fast, perhaps at 10-20% yearly compounding rate for the next 10 years. |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by grandstar(m): 7:07pm On Mar 20, 2022 |
olas24u: The democratically elected leaders have as much power as the Mullahs grant them. |
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