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David Elliott
Jake Broe
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Comments by "David Elliott" (@davidelliott5843) on "Russia Cannot Save Itself as Oil Prices Collapse" video.
India and China have demanded discounts on Russian oil. They have been paying 30% under the spot price. Prices have dropped so they are now well below the cost of production. Then as Peter says, Russia is paying the high costs of delivering the oil. Their money printer has already become a money pit.
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