[End of the World is Near]: Brent crude hits $130 a barrel; Markets plunges.

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mannanman
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Re: [End of the World is Near]: Brent crude hits $130 a barrel; Markets plunges.

Post by mannanman »

Ghostwriter wrote: Tue Mar 08, 2022 7:34 pm Bicycle to work & vegetable garden, following the news a few minutes per week, and fuck that useless stress until forced to.
That’s hardly self sustaining! :ROFL:
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Re: [End of the World is Near]: Brent crude hits $130 a barrel; Markets plunges.

Post by nemo »

Reports now that USA will unilaterally ban Russian hydrocarbons today
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Re: [End of the World is Near]: Brent crude hits $130 a barrel; Markets plunges.

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Re: [End of the World is Near]: Brent crude hits $130 a barrel; Markets plunges.

Post by hburns »

China eyes stakes in Russian oil and gas as UK and US plan import ban

China is said to be considering a swoop on Russian energy and commodity giants such as Gazprom and Rusal as the US gears up to target Moscow’s energy sector with new sanctions.

Beijing is in talks with its state-owned firms – including China National Petroleum, Sinopoec and China Minmetals – over any opportunities to buy or increase stakes in Russian companies or assets, Bloomberg reports.

It comes as President Joe Biden prepares to block imports of Russian oil and gas as early as today.

https://www.telegraph.co.uk/business/20 ... sanctions/

A sly move by China which shows it has no interest in trying to stop the destruction and death of a sovereign country and its peoples. The only thing China cares about is its path to world domination.
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Re: [End of the World is Near]: Brent crude hits $130 a barrel; Markets plunges.

Post by truffledog »

hburns wrote: Tue Mar 08, 2022 6:37 pm It could all be part of a plan to put pressure on China to use its influence over Russia. China imports about 60% of its oil so it too will feel the effects of rising prices. This might be the kind of thing which will get China to do more for an end to this invasion.
China will dó fuck nothing as they are benefitting from the war. They may even use the momentum and attack Taiwan ("only" 23M habitants). And last but not least Kim Yong Bum goes south. Now that scenario really scares me.
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Re: [End of the World is Near]: Brent crude hits $130 a barrel; Markets plunges.

Post by Ghostwriter »

mannanman wrote: Tue Mar 08, 2022 8:39 pm
Ghostwriter wrote: Tue Mar 08, 2022 7:34 pm Bicycle to work & vegetable garden, following the news a few minutes per week, and fuck that useless stress until forced to.
That’s hardly self sustaining! :ROFL:
My job is 2 Km away, i have a big garden, and plenty of good books to read, re-read, re-re-read.
It does make a difference to my health & purse.

What's the alternative ? Find a meaningless work on Meta, go to the next mall to buy industrial food, watch Fox News in a loop, getting anxious for nothing ?
Nah thanks.
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Re: [End of the World is Near]: Brent crude hits $130 a barrel; Markets plunges.

Post by Tootsfriend »

When the price of crude oil get to the same price as olive oil I will start to panic. Meanwhile, how much is a liter of milk, and are dairy farmers and their cows ripping us off.
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Re: [End of the World is Near]: Brent crude hits $130 a barrel; Markets plunges.

Post by LoukBongThom »

hburns wrote: Tue Mar 08, 2022 11:56 pm China eyes stakes in Russian oil and gas as UK and US plan import ban
After all these and if the world still survives, Russia will be absolutely isolated and it's economy will hit the basement. I am sure China will invest and take over Russia piece by piece. No need to go all the way to Africa.
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Re: [End of the World is Near]: Brent crude hits $130 a barrel; Markets plunges.

Post by mannanman »

Brent is $88 a barrel.

Yet the world still turns. Just about.
People of the world, spice up your life.
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