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Crude oil is continuing to rise relentlessly, surpassing $121 for Brent oil and $115 for WTI Crude. Soon enough, we'll see the updated prices at the pumps. Unfortunately, the decrease in prices didn't last long, while a potential embargo on oil imports from Russia would be disastrous, and it's actually something that's being discussed. To make matters worse, a damage at CPC (Caspian Pipeline Consortium) in Kazakhstan may take up to a million barrels per day (BPD) off the market.
On top of that, the Greek government, would be providing a prepaid card of €40 (or €50 for those situated in islands) to cover the increased fueling costs. It's astonishing, instead of reducing the taxes, you're been given a card which will last you a mere month at most.
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Did everyone notice, that during last two weeks, oil prices have dropped for 10-15%, but on the fuel stations we see only one or two cent reduction? How can this be explained, or how will you comment on that? I can only say that once again, someone is making nice profit on us.
Anyone have serious thoughts switching regular car to electric, or you think this fuel price growth is temporary? With two diesel cars in a family, more and more often I start to think about selling one and buying an electric car for small and regular rides.
It's most likely speculative, I work at a gas station, and I've also noticed it, however, we did see higher decreases here, the prices were still high enough for the price/barrel. Switching to electric cars isn't viable yet, they are way out of budget for the average consumer. Prices are rising not only for energy. Russia and Ukraine are the largest grain suppliers to Europe. Therefore, the high price will soon be not only for gas and electricity, but also for bread. Over the past two years, the European economy has not been in the best condition due to covid19 and now sanctions against Russia are being added. I don't know what will happen tomorrow...
While Ukraine is accountable for its major grain exports, the increasing price in everyday goods has been rising since September - October, but now it has gotten out of hand. |
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Same situation here in our country Pakistan. The Price per liter is 151.5 Rupees/Ltr for refined and 105.6 Rupees/Ltr.
In last 2 years price of petroleum products dramatically increased and almost doubled here. And if things continue like this, It could even go 200 Rupees/Ltr.
The reason of petroleum product high coast is totally depends upon supply and demand. The more we consume petroleum, The more we need and in whole world there are only few major refinery companies witch are controlling the whole supply chain. And there is dire need of Gas and Oil in all countries. Its like a energy race going on and every country want more.
Situation in our country is not so good. Average peoples are mostly effected by high fuel price and barely managing daily routine.
It's the same in most parts of the world that the fuel prices have doubled because of the war. And we all need to consume petroleum and other oil products for our basic needs. This impacts the whole industries because it's an energy source and this is what really happens when the source is increasing on its value and price, everything is going to be badly hit by it. Everyone has to commute to transport goods and materials, then those products that are in transport are also going to increase on its price, a domino effect. We're pretty much doomed, people got their hopes up after prices fell a few cents at the pump, however, Crude Oil has skyrocketed once again, surpassing $115/barrel for Brent, and $112 for WTI Crude Oil. The situation is certainly not going to get any better, due to the heated relations with Russia, a future embargo wouldn't surprise me at all. Let's keep in mind that Russia is exporting (or at least was, not sure), 3 million barrels per day, to Europe, a possible blockage from Russia would send oil prices to the moon. |
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It's shocking to hear someone say that covid doesn't exist, man what planet are you living on? how far is your denialism taking you? In this section there are already confirmed crazy people and it's a pity that they haven't been admitted to the psychiatric hospital or will they be typing from the psychiatric hospital? I really already have doubts if we're not chatting with crazy people who are in the psychiatric hospital.
OP, covid exists and has killed and is killing many people, this is not and will never be an invention of governments, it is something real
War is real, it's killing people
I hope you don't forget to take the vaccine and look for a psychologist doctor
To be honest, I've seen worse claims in this forum, regarding Covid-19 and vaccines. Thus, it's not astounding. Both are serious topics, we shouldn't underestimate each other. We're now seeing a surge in cases again, it's said that it's due to a new mutation, which is worrisome, however, deaths are at least being kept quite low, for the time being. |
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I wouldn't be surprised considering the developments. When this thread was made there was just a threat of Russian aggression, now Russia has actually invaded Ukraine. It's understandable that their other neighbors are getting uneasy.
I think it's final, I read that they retracted their decision to join NATO, due to fears of similar countermeasures from their Russian neighbors. To be honest, it's probably for the best, NATO aren't saints either, while their entry could potentially spark a large scale war. which would result in a third World War. Finland folded? I think these countries that are not currently part of NATO should just form their own grouping that would serve as a buffer between Russia and the current NATO. That way they can get concessions from both and both would keep them intact like how Siam/Thailand survived the carving of Southeast Asia. I believe it's just Finland, Sweden, Ukraine and Belarus that's bordering Russia that are still not NATO members. Obviously it's pretty late for Ukraine and Belarus isn't gonna try joining any time soon. If Ukraine survive this intact it should seriously consider talking to the other remaining buffer states to team up. Uh, Belarus is a Russian outpost/ally, not to mention that it was hostile against Ukraine. On the one hand, the countries that do not belong to NATO and are neighboring with Russia (Moldova, Finland, Georgia) could be susceptible to a future attack. On the other hand, Putin have threatened them if they decided to join NATO, and as we've already seen, he's not making blank threats. |
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Oh haven't you heard? They are now talking of an omicron subvariant blah blah from Hong Kong. You could find yourself in lockdown again within 3 weeks tops. It never ends until we've been reduced to serfs.
We just gotta stock up what we can for either another lockdown or war shortages.
The Covid-19 has already affected the world much. I literally thought the invention of the Vaccine will lead to the end of the virus. But, it seems I was wrong. Because, it quite obvious that Covid is still around the corner. And if care is not taken, this omicron variant might make the world witness another Lockdown, which will be very bad. As this point of time, I think the Government have to work on hand with the people to eliminate the virus. Well, vaccines aren't capable of eradicating the virus from transmitting, however, I also believe that the vaccination programs weren't efficient. The Western world was the first to receive vaccines, leaving 3rd world countries without, and then proceed to be surprised that the Omicron variant stemmed from Botswana. |
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I have zero experience with P2P exchanges, thus I can't suggest them myself. However, what's wrong with traditional exchanges, even in OP's scenario? Couldn't we potentially use Binance for instance, along with another online banking service, such as Revolut? Personally, I've deposited money on my Revolut through my debit card, without paying any fees. Then, you can proceed to use your digital card, which if I'm not mistaken, is issued immediately.
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Is there a way to recover bitcoin scam from a scammer? If yes. HOW? Is Bitcoin.org, the official website has a special collective fund to reimbursed those who has been scammed with BTC?
Practically, there's no possible way to recover your lost Bitcoin funds, it's anonymous and decentralised. Why should you be reimbursed your lost funds? If you got scammed, it's purely your fault. Since the dawn of cryptocurrencies, people have warned against phising websites, scams, fake projects and so on, providing solid advice in order to avoid them. It's not a banking service, don't expect it to act like one. |
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I just checked the real-time crude oil prices online: https://oilprice.com/oil-price-charts/#pricesBrent is currently trading at $107.93 per barrel, which is an increase of around 2.6x from the Trump times. That said, the Russian crude is trading at a very heavy discount. ESPO is currently trading at $85.66 per barrel, which is 21% lower when compared to the Brent prices. Sokol crude is currently trading at $89.87 per barrel. Once again, 17% lower when compared to Brent. This is good news for importers of Russian crude, such as China and India. But at the same time, it shows the ineffectiveness of the sanctions. Russian crude is still being sold and the Europeans are importing crude from as far as Venezuela, increasing their own costs. I never liked the idea of sanctions, I was one of the first ones to point out their ineffectiveness, which will ultimately hurt Europe more than it will hurt Russia. As you've pointed out, Russia continues exporting oil to in other Asian countries, who are of course, willing to take advantage of the lower price. Correct!. Europe will be the one to suffer the most because it obeys the US to impose harsh sanctions on Russia. Europe is paying a very high price to buy oil from Venezuela and Iran. Besides, they also have to lift the embargo against Venezuela to be able to import oil from them. I also predicted that sanctions would not have a big impact on Russia, because they have big business friends from Asia. China and India are very willing to buy oil from Russia at bargain prices. Uh, Russia is a superpower, you can't do much to actually hurt them, they could easily be self-sustainable, while their Asian neighbouring countries are huge, they could use the higher supply of oil. It's not like they imposed sanctions in a small European country, I don't get if government are actually that stupid to believe that sanctions would affect Russia. We're going to suffer the consequences of this war, potentially worse than Russia themselves, we'll have to get used to a long-term period of higher living costs. |
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I just checked the real-time crude oil prices online: https://oilprice.com/oil-price-charts/#pricesBrent is currently trading at $107.93 per barrel, which is an increase of around 2.6x from the Trump times. That said, the Russian crude is trading at a very heavy discount. ESPO is currently trading at $85.66 per barrel, which is 21% lower when compared to the Brent prices. Sokol crude is currently trading at $89.87 per barrel. Once again, 17% lower when compared to Brent. This is good news for importers of Russian crude, such as China and India. But at the same time, it shows the ineffectiveness of the sanctions. Russian crude is still being sold and the Europeans are importing crude from as far as Venezuela, increasing their own costs. I never liked the idea of sanctions, I was one of the first ones to point out their ineffectiveness, which will ultimately hurt Europe more than it will hurt Russia. As you've pointed out, Russia continues exporting oil to in other Asian countries, who are of course, willing to take advantage of the lower price. |
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Just because war is a trending subject now, it doesn't mean that Covid-19 has disappeared. War isn't a common reoccurrence, especially when it takes place in Europe, when was the last time we had a war within the Eurozone? The last time was with Yugoslavia, in 1991, which took place in the Balkans, not closely related with the EU nations.
Covid-19 is now going through a new mutation, Deltacron or Omicron 2, if I'm not mistaken, which caused China to impose lockdown measures.
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To be honest almost 99.9% of projects are Rug Pull. They come to the markets to pull money. None of them intend to keep a role in the cryptocurrency ecosystem. And we can't prevent them sadly in a decentralized world. This is something that becomes like gambling because investors sometimes could gain some profits as well. That's the reason how scammers attract investors. If you investigate deeply, you will find a single owner running multiple Rug Pull projects. Because they know very well how to pull money from investors' pockets. That's the reason I always prefer to avoid investing in a brand new project.
That's true, a large amount of projects have a sole purpose of scamming people. Unfortunately, some of such shitcoins are being shown even on CoinmarketCap, as the biggest gainers (often over 200% increase in their value), 99.9% of which are pure scams, coins with zero liquidity that can't even be sold. |
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Oil prices are expected to be highly volatile, till the Ukrainian issue is resolved, which isn't going to happen anytime soon.
Then it is about time to buy a bicycle. Because I think Ukrainian-Russian conflict is not going to be settled this year. Even if the global war actions stops, it will always be small local skirmishes. Same that were after Crimea conflict. This seems like an endless conflict, were people dont even know or remember the reasons why it all started. Current economical downtrend Russia is going to counter with high oil prices. I think 2022 will be the year when everyone will realize consequences if this war actions. Next year sides will figure out strategy to get business and development back. Several years it will take to rebuild, build own new business, get abroad contracts, or wait till current business who has abandoned Russian market, start to think to return. Maybe year 2025 and further will be the time when prices goes down. I've got three to be honest, haven't bothered to use them yet, lol. 2022 won't only be the year that we'll realize this war's consequences, but also the year that we'll face the repercussions of Covid-19's quarantine measures and lockdowns, which have resulted in economic depression, increased inflation, fueling and energy costs. Well, that's one more terrible year to go, I guess. We dont know if it would be only 1 terrible year to go or would be more since we dont actually knows on what are the things that would happen in the future whether there would be more wars or even this pandemic would never end but looking at on the current situation on which we are really already recouping up on the bad situation that we do have in past years and slowly this pandemic come to an end and we do have other issues and problems now about the War which do really affects out commodities like Fuel and other things which do really make our living more worst. I believe that we're going to experience a series of more expensive goods, fuel and electricity. Prices will lower towards the end of the year, however, they certainly won't return to pre-pandemic levels. Especially with the current situation in Ukraine, a possible embargo from Russia could potentially send barrel's price up to $200. I guess that eventually, we'll have to get used to a more expensive lifestyle. |
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Scams always existed, especially since the dawn of the internet, they became a common occurrence. Cryptocurrencies are ideal for scamming people, since the transactions are completely anonymous, while the chances of tracing back the scammer or his transactions are almost zero. Telegram and Discord groups are filled with individuals, whose whole purpose is to scam people by tricking them into phising websites, or paying stupid fees to withdraw money they supposedly won. I was also a victim of a scammer through Discord, impersonated a group administrator and tricked me by providing my private key on a phising website, luckily, despite my sleepiness, I realized it at the very last minute and saved my money.
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While I understand that it's a pretty complicated and technical subject, in which many of us can't provide answers, however, I'd appreciate if it was possible to receive some feedback from the community. Especially now, that it's a relevant subject during this dire situation.
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Things been ugly now for some time, look how many already died form the vaccine shot and how many will die in the next 20 years from cancer and whatever else the toxic shots will do.
Do you have the stats to support this ? In comparison, how many lives were saved as corona spread stopped due to these vaccines ? Don't get started with him, there's literally no point in arguing with such people, they'll throw you down to their level and beat you from experience. There are several studies proving vaccine efficacy, but these conspiracy folks will quote an article from a random blogspot website as a valid source. Fact checkers have debunked hundreds of those. |
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Most likely if this issue is not resolved soon then Ukraine will become the second Afghanistan or Syria sooner or later. And of course this will cause Ukrainian citizens to fall into poverty and more and more casualties.
It's already a mess. Have you seen videos and pictures of the bombarded cities and towns? This war just won't end soon. Russia will not kill all the Ukrainians at once, meaning there will always be people resisting even if Russia overthrew the Ukrainian government. Putin, being a narcissistic maniac, I don't think he will call off the war. Tens of thousands of his soldiers would rather die than him giving in. The only way this may end is if his Government gets toppled. I believe that Putin genuinely thought he would be welcomed as a leader who would free them from Ukraine's corrupt government. Pretty ironic, right? Bombarding whole cities in order to "save" the Russian - speaking regions. He's certainly not stopping till he gets what he wants. It's been over 20 days now, the whole country is destroyed and even if the war stops now, one way or another, it will take decades to recover. |
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I wouldn't be surprised considering the developments. When this thread was made there was just a threat of Russian aggression, now Russia has actually invaded Ukraine. It's understandable that their other neighbors are getting uneasy. I think it's final, I read that they retracted their decision to join NATO, due to fears of similar countermeasures from their Russian neighbors. To be honest, it's probably for the best, NATO aren't saints either, while their entry could potentially spark a large scale war. which would result in a third World War. |
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NATO unnecessarily escalated the situation and then fled the scene, claiming that they'll take no part in the war, after creating absolute chaos. War sucks for both sides, both countries' resources will be depleted and their citizens devastated, leading to a financial depression throughout the whole European continent. People are always the true victims of war.
What did NATO do to escalate the situation? Imposed severe financial sanctions on Russia, which will ultimately affect all parties, sent money and military aid, and provoked Putin. Don't get me wrong, I condemn the invasion of Ukraine, however, I believe that the rest of Europe shouldn't have intervened, since NATO and EU recently announced that it's an issue that Ukraine will have to resolve themselves. Why did they intervened in the first place? |
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Oil prices are expected to be highly volatile, till the Ukrainian issue is resolved, which isn't going to happen anytime soon.
Then it is about time to buy a bicycle. Because I think Ukrainian-Russian conflict is not going to be settled this year. Even if the global war actions stops, it will always be small local skirmishes. Same that were after Crimea conflict. This seems like an endless conflict, were people dont even know or remember the reasons why it all started. Current economical downtrend Russia is going to counter with high oil prices. I think 2022 will be the year when everyone will realize consequences if this war actions. Next year sides will figure out strategy to get business and development back. Several years it will take to rebuild, build own new business, get abroad contracts, or wait till current business who has abandoned Russian market, start to think to return. Maybe year 2025 and further will be the time when prices goes down. I've got three to be honest, haven't bothered to use them yet, lol. 2022 won't only be the year that we'll realize this war's consequences, but also the year that we'll face the repercussions of Covid-19's quarantine measures and lockdowns, which have resulted in economic depression, increased inflation, fueling and energy costs. Well, that's one more terrible year to go, I guess. |
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