Russia systematically breaks integration with the European Pricing and Economy System. Today the main emphasis is placed on the energy sector. The Government of the Russian Federation is developing a new pricing system for the Russian Oil Brand URALS. Read more in our article.

The Cabinet of Ministers of the Russian Federation discusses the issue of independent pricing for Russian oil of the Urals brand through the mechanism of stock trading. Now the calculation of the value of the brand is tied to the price quotations of European agencies.

However, Urals can get its own quotation.

It is worth noting that all the most widely represented on world markets of oil brands have their quotes.

According to the International Price Agency Argus, due to the fall in demand for Russian oil against the background of sanctions, the URALS oil discounts in relation to the Brent's reference variety in North-Western Europe increased.

Some experts explain unprecedented discounts on Russian oil URALS in the absence of their own quotes.

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Perhaps now the soil is preparing for translation of payment for Russian oil in rubles, as it happened with gas.

Such changes have led to the confusion of the country of Europe and Japan. In Japan, they stated that they would not imagine how they would pay for gas rubles.

Many European countries sounded more categorical statements. For example, the head of the European Commission of Ursula von der Lyien declared the impossibility of implementing such operations due to their contradictions entered previously Western sanctions against Moscow.

However, it is impossible to disagree that such a policy of the Russian state led to the strengthening of the ruble - the dollar fell below 95 rubles. Also to price increases. Oil has risen to $ 120, and gas is up to $ 150 (by 20%). At the same time, the price of oil while reducing Russian exports can again increase to $ 150. Previously, it fell to $ 100, after the release of 30 million barrels of oil from American strategic reserves.

It can be assumed that the following step can be the creation of a raw currant on the basis of one of the Russian stock exchanges (Moscow or St. Petersburg). It would be quite logical.

Dismantling globalization goes on all fronts. So, Saudi Arabia discusses the rejection of the dollar during oil trading with the PRC. Previously, Saudi Arabia was considered to be an ally of the United States, but the state policy in recent years is less satisfied with the kingdom. Now the use of a yuan when calculating for a part of oil supplies, which Arabia supplies to China, may entail serious risks for the dollar.

And how do you think it can end this economic confrontation?

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