Russia forced to lower oil prices: expert reveals details

Due to attacks on oil infrastructure, Russia will be forced to lower oil prices, according to military expert and serviceman of the Territorial Defense Forces of the Armed Forces of Ukraine, Oleksandr Musienko.

“We’re reaching a daily level. Moreover, if we’re talking about Primorsk and Ust-Luga, last week and already at the beginning of this week, we’re getting a clear demonstration of what this so-called embargo of hellish sanctions imposed by the Ukrainian Defense Forces will look like,” comments Alexander Musienko.

He says that the majority of Russian oil exports are made through the Black and Baltic Seas. This is precisely why Russia uses its shadow fleet. And to reduce budget revenues from exports, the Defense Forces regularly attack these facilities.

“We see that all links in the transportation of oil, petroleum products, and Russian oil exports were affected last week. The Perm oil pumping station, Tuapse, the terminal, and, accordingly, the oil loading and tankers of the shadow fleet. Then there’s Primorsk, in the bay,” the expert explains.

He argues that due to constant attacks in Russia, there are only two solutions to this problem: cutting oil production or directing exports eastward. Establishing trade relations with China.

In his view, the problem is that China will only agree to buy oil at a reduced price. And Russia, having no other choice, will accept the offer. However, by selling to China, Russia will receive a smaller profit due to reduced transportation options and a lower price. Moscow will also be unable to take advantage of rising global oil prices.

In particular, the Defense Forces previously struck the Russian linear production and control station (LPDS) “Perm” and destroyed all its tanks with a capacity of 50,000 m³.

Earlier, Pryamoy reported that on April 28, Ukraine struck important facilities at the Tuapse oil refinery and a radar station in occupied Crimea.

The Tuapse Oil Refinery in Krasnodar Krai was hit again, as was the radar station of the Ai-Petri radiotechnical battalion near Okhotnichye in Crimea.

As a reminder, Russia lost almost half of its oil revenue this year . Russian companies paid 494.9 billion rubles. In particular, total oil revenues fell by 43% to 617 billion rubles.

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