As, how much and why will Russia lose and lose in oil and gas markets

The refusal of Germany and Poland to receive oil through the oil pipeline (through its northern part), it will also be on a voluntary basis in December this year. Europe will notify Russian oil. The supply of Russian oil is already decreasing even to India. Here are the numbers that Bloomberg provides last weeks confirm that Russia is losing that market. They now supply are at least in the last five months, and the trend is to reduce the price of oil.

And since December, the Russian Federation will lose 51% of its oil market, which is not just significant, but stunning. Further, since February, they should lose almost 57% of their oil market. This tendency is different in connection with the introduction of pricing of Russian oil (Price CAP), as the Great Seven Group says.

This will additionally beat the Russian budget and on the Russian revenue, since the oil is the main source of revenues both to the central budget of the Russian Federation and to local budgets. The situation of Russian gas in Europe is also quite indicative. The Russians killed their market themselves. They have already lost 41% of their gas market there voluntarily. Instead of 50% of the market they prevailed, they now supply only 9%.

And this was not done in connection with sanctions, but in connection with the conscious policy of Russia. She, in fact, restricted herself in access to the European market and killed confidence in herself, leaving Europeans with the need not only to diversify their sources of supply completely but also to build new possibilities for receiving liquid -ranged gas and pump up in their underground storage of almost 90% of the required volume gas for winter period.