IPSE'S AUTHORS LAST 24h
Check all the Authors in the last 24h
IPSEs IN THE LAST 24H
  • Sue Mi Terry
    Sue Mi Terry “Now is not the time to lift sanctions, either. Now, in fact, is the time to double down. If Biden wants to prevent North Korea from acting out, he needs to first provide the government with new incentives to talk-and that means new restrictions Washington can use as carrots. Biden, in other words, needs to take North Korean policy off autopilot and launch a proactive effort to deter Pyongyang. Otherwise, he risks encouraging an already emboldened Kim to stage a major provocation.” 7 hours ago
  • Christopher Cavoli
    Christopher Cavoli “Russians don't have the numbers necessary to do a strategic breakthrough. More to the point, they don't have the skill and capability to do it, to operate at the scale necessary to exploit any breakthrough to strategic advantage. They do have the ability to make local advances and they have done some of that.” 8 hours ago
  • Nazar Voloshin
    Nazar Voloshin “The situation in the Kharkiv sector remains complicated but is evolving in a dynamic manner. Our defence forces have partially stabilised the situation. The advance of the enemy in certain zones and localities has been halted.” 13 hours ago
  • Volodymyr Zelenskiy
    Volodymyr Zelenskiy “The situation in the Kharkiv region is generally under control, and our soldiers are inflicting significant losses on the occupier. However, the area remains extremely difficult.” 13 hours ago
  • Bezalel Smotrich
    Bezalel Smotrich “Defense Minister Gallant announced today his support for the establishment of a Palestinian terrorist state as a reward for terrorism and Hamas for the most terrible massacre of the Jewish people since the Holocaust.” 13 hours ago
  • Yoav Gallant
    Yoav Gallant “I must reiterate … I will not agree to the establishment of Israeli military rule in Gaza. Israel must not establish civilian rule in Gaza.” 13 hours ago
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#oil

Page with all the IPSEs stored in the archive with the tag #oil linked to them.
The IPSEs are presented in chronological order based on when the IPSEs have been pronounced.

“By including the Ukraine package in a bill that also provides military aid to Israel and Taiwan, the US shows the world that it equals Ukraine's and Israel's archenemies - Russia and Iran. This is a mighty geopolitical slap for China. As the trade turnover between Russia and China rose to $240bn last year, the more the US pushes Beijing, the more discounts for oil and gas China gets from Russia.”

author
Kyiv-based analyst
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“Oil will probably be higher up the agenda than it was when Biden visited. These are the two most important players in the oil market - Saudi on the supply side and then China on the demand side.”

author
Principal MENA analyst at risk intelligence company Verisk Maplecroft
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“We are working on mechanisms to prohibit the use of a price cap instrument, regardless of what level is set, because such interference could further destabilise the market. We will sell oil and petroleum products only to those countries that will work with us under market conditions, even if we have to reduce production a little.”

author
Russia Deputy Prime Minister
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“Three factors have been supporting the rouble: escalating oil prices due to sanctions, capital controls, and a drop in dollar demand and excess FX [foreign exchange] liquidity due to high FX revenues from exports of oil and gas. Due to sanctions and capital controls, an artificial and highly supportive environment” was created for the rouble.”

author
Chief investment strategist at ITI Capital
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“The Brussels package of sanctions would ban oil shipments from Russia to Europe, with a rather short notice, in case of Hungary the end of next year. Hungary cannot support the measures in their current form. Hungary could only agree to these measures if crude oil imports from Russia via pipeline were exempted from the sanctions.”

author
Hungarian Foreign Minister
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“European countries are shooting themselves in the leg. I can't imagine at what price those countries will get oil [elsewhere]. Maybe the United States will provide crude oil, but again, at what price?”

author
Russian political analyst
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“We have managed to reach a situation where Germany is able to bear an oil embargo. This means it won't be without consequences. We still have no solution for the refinery in Schwedt. We can't guarantee that supplies will be continuous. There will for sure be price hikes and there will be some outages. But that doesn't mean we will slide into an oil crisis.”

author
Vice Chancellor of Germany and Federal Minister for Economic Affairs and Climate Action
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“The consequences of an oil embargo would likely cause a recession in Europe. While the US, the EU, the UK, and other countries have sanctioned Russia, Russian export revenues since the beginning of the invasion is not decreasing. Even if European governments agreed to stop Russian coal imports starting in August, it is not enough. The prices for oil would increase on a global scale. Using alternative oil provisions from the Middle East and Africa would take time, which in turn would force European countries to adopt an energy policy characterised by austerity.”

author
Cybersecurity and intelligence expert in Italy
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“When it comes to Kazakhstan, there's been the usual call for diplomacy. Kazakhstan abstained from the vote at the UN on the Ukrainian issue but we haven't seen open support for Russia's position. Going forward we can see more concerted pressure on Kazakhstan to take a stronger stance. Only yesterday, the news came that Kazakhstan can no longer export its oil through the Caspian pipeline consortium, which is part of Russia's original plan to cut off oil supplies to the West.”

author
Professor at Texas A&M University
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“Looking at the extent of the destruction in Ukraine right now, it's very hard, in my view, to make the case that we shouldn't be moving into the [Russian] energy sector, particularly oil and coal.”

author
Ireland’s foreign minister
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“We have to discuss our vulnerabilities in terms of our dependency on Russian oil and Russian gas. I would not plead for cutting off our supply of oil and gas from Russia today, it's not possible because we need the supply and that is the uncomfortable truth. But we can do more to get the green agenda going, to decarbonize our economies.”

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Dutch Prime Minister
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“We're banning all imports of Russian oil and gas and energy. That means Russian oil will no longer be acceptable at US ports and the American people will deal another powerful blow to Putin's war machine. The United States produces far more oil domestically than all the European countries combined. We can take this step when others cannot, but we're working closely with Europe and our partners to develop a long-term strategy to reduce their dependence on Russian energy, as well.”

author
President of the United States
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“If Russia gets to export a third less of their oil and if they have to take a discount on it but if oil prices are much higher they might actually net positive on oil side and similar on other commodities.”

author
Chief investment officer at oil and gas equity investment firm Bison Interests
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“So far, economic pressure against Russia appears to be highly effective, crimping Russian trade even in goods that haven't officially been placed under sanctions. The financial restrictions that have already been imposed have made transactions with Russia - even the purchase of oil - difficult; fears of future sanctions, plus the general sense that any Western institutions perceived as helping the Putin regime will face harsh treatment from regulators, have led to widespread self-sanctioning, cutting off even trade that is formally permitted.”

author
Op-Ed columnist, Distinguished Professor at the City University of New York Graduate Center, 2008 Nobel Prize in Economic Sciences
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