₦airaland Forum

EBCO:
Bro,
Have you been to Russia and seen the poverty and underdevelopment there? Beyond Moscow and St. Petersburg (much like Lagos and Abuja), the rest of Russia is just modern Ajegunle.

Russia is even more corrupt than Nigeria. It is no different from Nigeria gas station mentality - a gas based mono economy shared among the oligarchs. A few individuals own the oil blocks, siphone the revenue and either stash the revenue or invest it abroad while the Russian population grinds in poverty. The Russian economy is a walking dead body that's why Russians are among the largest groups of people immigrating out of their country in search of greener pastures. China's relationship with Russia is simply so that they can force Russia to sell them Oil at a cheap rate, and get their support for the colonization of eastern, central, and western African corridors.

Ibime:
It's literally in the link you just quoted. Take the price of Brent ($70-$80) and remove $20 for Urals for the days they gave you

Or if you want it spelt out to you, you can look at the price of Urals in the graph below from when the price cap came in in December till date, you will see it has been ranging $49 to $60 while Brent has been between $70 and $80.

Like I said, most Putards lack financial education

Ibime:
Most Putards lack financial education and easily deceived by propaganda, that's why someone will tell you they are selling more barrels and hide that their revenue is going down materially which is the key piece of information. The price cap is really hammering Urals

https://www.statista.com/statistics/1298092/urals-brent-price-difference-daily/