Comments by "Wom Bat" (@wom_Bat) on "EU agrees on Russian oil price cap: Will it make a difference? | DW News" video.

Well that shrinks their market share for sure. Countries in south America will appreciate cheap shipments.
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@MSD Group it costs USA $36 a berrel. Saudia Arabia $31, and Canada $41. Those with russia at $35 a barrel are the top producers. Nobody is close to $1. That number is completely made up. Look up any stat.
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@jokervivek you guys already signed a deal for 30% off russian energy. It's so difficult for russia they are practically giving away energy at cost.
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@JA-pn4ji russia won't be able to sell at a profit to farther markets. Shipping will cost too much. Markets like the Americas won't ve very viable. Especially if they want to avoid retaliatory sanctions. Peru courts already gave one of their companies a first and final warning with a fine for moving russian energy. Countries on the side line don't want to get involved in a trade war.
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@MSD Group it's $35 a barrel for Russia to produce oil. Where on earth do you get $1 a barrel from? Governments may limit the price of certain goods or services, for instance to cap the price of essential foodstuffs or medicines or to restrain monopolies. There are other reasons too. My source is the WTO 🕸s ite. It's quite accessible.
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@MSD Group so your info is trust me bro? Look up Rosstat. Even the official numbers aren't that low 😂
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@MSD Group K ignore the official statistics 🙄. The average price people pay per barrel is $80. So the difference is in profit. Also when america is buying 550,000 barrels a day from Saudi Arabia the $5 a barrel makes a difference. A $2,750,000 a year difference.
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@Jose-og909 clearly more then you 😂
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@maximusfl3926 Canada, Japan, UK, as well as Australia, and South Korea joined the price cap, not just America and the EU. Many more countries have joined them on the sanctions regime including; Columbia, Chili, Argentina, Thailand, New Zeland, Greenland, Ice land, Micronesia, Singapore, Bahamas, and Taiwan. It's a lot more then 10%. You really shouldn't comment on something you don't understand 😉
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@maximusfl3926 canadas population is 38 million and Japan has said publicly they are for the cap and the other restrictions. You should check ur news feed. You are also going by population. By GDP that's about half the worlds GDP capping oil. I also forgot Bangladesh, Vietnam, Cambodia, and Laos earlier in the sanctions regime. The rest of the world is following the regime out of fear for retaliatory sanctions. Even China has pulled some companies out of russia and canceled a project to develop cell service in parts of russia. The rest of the world can't suddenly stop doing buisnes with over half the market. Your numbers are all confused. About 50 countries have imposed sanctions and the rest of the world follows or else they get sanctioned by them as well. Speaking of BRICS. Brazil has been silent towards russia and distancing themselves. Iran is having massive protests and might have a democratic regime change. China isn't being very helpful for russia and didn't even recognize their referendum ro annex territory. Not much of an alliance. Oh by the way The FSM adopted its own constitution and became an independent country in 1979; it entered into a Compact of Free Association with the United States in 1986 and became a member of the United Nations in 1991. Micronesia is one of the 195 countries you talk about.
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