
Surprise, Surprise: Inflation Is Not Transitory?
Real Vision: Finance & Investing
00:00
The Soviet Union - The Supply and Demand Constraint Question
The soviet union is heavily dependent on western sources for oil right now. The 50 million barrel s p r release, you know, we've got a, what is it? 32 million barrels on swap that are coming back, 18 barrels that are being sold. We're selling mostly sour crude oil. And when you look at who have been the biggest global consumers of oil, it's been india and china. They have been big consumers of sour crude because it doesn't matter to them that the a sort of a pollution goes out into the environment from cracking sour crudeOil.
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