RE:RE:RE:Shell says it will stop buying Russian oil and natural gasIran and Venezuela will offer discounts to regain market share lost due to years of sanctions.
Canadian oil producers are not in the same basket.
Quintessential1 wrote: Why can't it be Canada?
Russian is going to sell its oil to China, North Korea, Belarus and oh yeah Eritrea at steep discounts.
The USA is banning Russsian oil imports today and everyone will follow suit when they do,
We will see Pipes maxed out and Rails maxed out...and no we are not maxed out on either yet.
Go Enbridge! ;-)
silkos wrote: This is big. I wonder if competitors will follow.
Last thing Russia wants is losing market share.
Question is what Russian oil will be replaced with? Oil from Iran or Venezuela? Can't be Canada.
FiddyFiddyOddzz wrote: https://www.cbsnews.com/news/shell-russia-ukraine-stop-buying-oil-natural-gas/