Gollum@feddit.org to Data is Beautiful@lemmy.worldEnglish · 23 days agoHow the Largest Importers of Russian Fossil Fuels Have Changed (2022 vs. 2025)feddit.orgimagemessage-square20linkfedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-down1imageHow the Largest Importers of Russian Fossil Fuels Have Changed (2022 vs. 2025)feddit.orgGollum@feddit.org to Data is Beautiful@lemmy.worldEnglish · 23 days agomessage-square20linkfedilinkfile-text
minus-squarezloubida@sh.itjust.workslinkfedilinkEnglisharrow-up0·23 days agoIt’s clearly down; even downer if we calculate in dollars and not tonnes, as the prices fell.
minus-squareValmond@lemmy.worldlinkfedilinkEnglisharrow-up0·23 days agoAnd even more down if you use the net benefit as the Urals breakout price is around 40+ dollars.
minus-squarekhannie@lemmy.worldlinkfedilinkEnglisharrow-up0·23 days agoComfortingly, as the price of oil has fallen and their cost to extract and refine it remains fixed (or increasing with the very high wage inflation rate there), the amount of net profit they get has fallen non-linearly.
It’s clearly down; even downer if we calculate in dollars and not tonnes, as the prices fell.
And even more down if you use the net benefit as the Urals breakout price is around 40+ dollars.
Comfortingly, as the price of oil has fallen and their cost to extract and refine it remains fixed (or increasing with the very high wage inflation rate there), the amount of net profit they get has fallen non-linearly.