Vermilion Energy Inc T.VET

TTF

[Oldnagger]

Making a quick rebound as Putin has stated that future payments for Russian gas must be in Rubles

https://www.barchart.com/futures/quotes/TG*1

[Moemoney42]

Yup that's the only way he can prop up the currency.. force buyers to have to buy it to transact gas deals.. I'd laugh if it continued to drop after the payments are made.. LOL..

[Moemoney42]

LOL.. sounds like BNN has the same thoughts as Andy Bell just parroted the same thing I posted minutes ago.. 

[whoLuLu]

"Russia plans to demand ruble payments for natural gas purchases from European nations, deepening its standoff with the west and potentially aggravating Europe’s worst energy crunch since the 1970s. Gas prices surged more 30% after President Vladimir Putin ordered the central bank to develop a mechanism to make ruble payments for natural gas within a week at a meeting with his government.

[aphill]

This post has been removed in accordance with Community Policy

[stockmarket1]

What? World war 3 lol?

[quesea]

‍ kc

[mnztr]

Of course the goal is to increase the value if the Ruble, (which it has in the short term) but there is the other fact that the Russian treasury already has hundreds of billions in Euros that it is not being allowed to spend anyway, so why would they accept more Euros or USD?  They are selling to India  in rupees, China in RBY, fact is China and India have an enormous capability to

[whoLuLu]

we still got..

[whoLuLu]

no pain here..

[whoLuLu]

Putin says "unfriendly" countries must pay in rubles for gas or contracts will be suspended From CNN's Chris Liakos Russian President Vladimir Putin chairs a meeting on aviation via a video link at the Novo-Ogaryovo state residence outside Moscow, Russia, on March 31. (Mikhail Klimentyev/SPUTNIK/AFP/Getty Images) Russian President Vladimir Putin said Thursday that

[IvanGubinski]

hoRAAAAAAAAAAY