How Saudi Arabia & Russia are crushing the US and UK economies? : Saudi Arabia vs USA
HTML-код
- Опубликовано: 27 сен 2024
- Invest with Goldenpi : bit.ly/3VwXh23
➡️Communication Masterclass:
www.thethinksc...
VIDEO INTRODUCTION: On the 5th of October 2022, the Organisation of the Petroleum Exporting Countries and its allies including Russia agreed to cut their production of oil by 2 million barrels a day. This is so much oil that it accounts for 2% of the entire world's oil supply and this can have some severe consequences on economies all across the world including the US, UK and India. Now considering the fact that both US and UK are already at the brink of a recession, this oil spike could escalate their situation to a disaster!!
Which is why, in response to it, the United states are passing something called the NOPEC bill!! and the UK govt is deploying something called Price cap strategy!! So in short, Russia, Middle east and the west are now engaged in an oil war that could decide the fate of the world economy in 2023!!!
So the question is,
What exactly is OPEC and why are they cutting down their oil production?
What is this NOPEC bill all about?
What is UK's price cap strategy?
And most importantly, how will this oil war affect India and the world in the next 1 year???
Think School is a Digital School that we all deserved, but never had
►►Check out Think School's Online courses: www.thethinksc...
►Books Everyone should read:
1. Sapiens: amzn.to/3wIqqtG
2.Jab Jab Jab Right Hook: amzn.to/3eb36ym
3.Presuasion: amzn.to/3nF4Xi8
4.Start with why: amzn.to/2R7UHCW
5. Culture code: amzn.to/3tfaxsZ
6. Hooked: amzn.to/2R9G9CM
7. I will teach you to be rich: amzn.to/3AUDLSO
8. From Third world to First: amzn.to/3yQSjAV
9. This is Marketing: amzn.to/334VNlL
🎧 Want to buy the equipment we use?
1. Our Laptop: amzn.to/3z66odv
2. Our Mic: amzn.to/3liQQyi
3. Camera Stand: amzn.to/3z8l3ov
4. Mobile holder for stand: amzn.to/3xgCF25
5. Laptop: amzn.to/3gMYXRi
► Invest in the Stock Market : zerodha.com/op...
✅Study Materials:
✅To support our work you can donate here: www.instamojo....
#opec #opec+ #geopolitics
#thinkschool #businesscasestudy Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.
Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.
My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
@@bob.weaver72 How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?
@@martingiavarini My consultant is ‘’Catherine Morrison Evans’’ I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care supervision. I basically follow her trade pattern and haven't regretted doing so.
That's funny because last I checked, its still a good time to get in the us markets even though its a bear one.
Right! a huge part of my porttfolio growth came this bear market. Been able to scale from $18k to 57k following guidelines. I doubt that would happen with any other currency or economy even the euro.
@@maryalchester Well, you are correct; there is more to the market than just technical analysis, which is why analysis is best done by or under the guidance of a professional. Since getting professional assistance, I've seen a noticeable improvement. A little but sufficient.
@@maryalchester interesting channel. From who please?
@@aliyunko9689 Having dealt with a few, I've learned that it's better to check out locally, but just now, Juliet Eve Downey has been a huge help. Low ROI, but still worth the price.
@@mvanwie We are in a financial precarious position because of our persistent need to do things on our own. Time is crucial, and delegating is unavoidable." interesting u mentioned looking up • juliet eve downey •
Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.
My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
@@martingiavarini How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?
@@hermanramos7092 My advisor is ‘’Catherine Morrison Evans’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
English isn't my main language, everytime I watched RUclips English, I always have to turned on subtitles..but listening to you, I can clearly understand word by word u said! It's clear and easy.. well-done mate! You have my subscribed!
It's indian accent bro
@@MissionCA101 doesn't mean it's not clear
@@MissionCA101 it’s an excellent Indian accent in very understanding clear English (save & except for the accent) I’m grateful for this channel which I recently discovered & even like his sponsors / offer’s & his easily understanding graphics. Keep it up BRO 👊
Yes. He speaks in Indian accent but it's similar to Asian and African accent.
I watch it at 2x speed so it sounds like Western accent.
i am in the UK now and market crashes yet it has not bottomed, It has no business at this level in the first place, pumped up by the Fed and central banks around the world. You can still be 100% invested at this level. Good luck! I prefer to sell the bounce and keep 50% cash. I will not get back into the market more than 50% if S&P is not 30% lower from here. I trade and make quick profits. With this inflation and my expectation on the economy, I am ok with 70% cash. I don’t short the market. Just keep selling the bounce!
describe an unknown factor that hasn't made the RUclips headlines widely yet
I am sitting on cash. I sold my stocks but the best part about this sell-off i have been mostly right, the worst part about it is that i don’t short anymore so I’m not making so much money but at least i will get to buy twice the stock with the same USD amount.
@@lucasrusel7718 It's been a terrific experience, I actually made my first ever 6figure profit of about 28 BTC in 5 months and I'm getting more active and knowledgeable in the market.
@@renatabarbara7429 how did you achieve that?
I outlined a decent sum and I generally stay contributed, with the assistance of a counselor "Lisa Michelle Pacillas" she assisted me with accomplishing this level, basically look her name up on the web
The way europeans are capping the price using insurance companies even though they are not being involved at times and places was such an inside view which i would have never understood by merely reading newspaper. Hats off dear, great respect. 🙏🏻
Although that doesn't seem very hard to switch away from. If Saudia offered to insure them, they could charge the same amount, and be pretty sure that they'll come away with the same kind of profit that the UK insurance company is coming away with.
Especially when the alternative is to suffer large losses in case of a recession.
It would be simpler if the UK etc. just made a deal with OPEC to continue buying oil at the current price for a few extra months, even if a recession results in lowered oil prices. That way, you're not forcing them to take losses on your behalf, and they don't have as much reason to try and sabotage you.
will the new insurance companies born?
Seem like the chinese can step in.
@@pauleagle6281 Yes, many countries could step in. That would put an end to this old Lloyds of London racket.
Be careful what you wish for.
America and Britain should stop being arrogant and blackmailing Europe, but rather gas, and America should stop supporting Iran, because this threatens the security of the Arabs and Israel, so the Arabs left America in order to get Chinese weapons to destroy Iran’s reactors. Achieving peace in the Middle East
This man and his team deserve more. Their hard work about the each topic is exceptional.
Tell him about "Eknomy" 🤣🤣🤣🤣🤣
Word
For our argument it doesn't particularly matter what caused the change. What matters is that things clearly changed. Inflation is so high that consumers are literally going into debt to pay for basic necessities. collapse is near.
Just keep DCA every time you get paid. My portfolio still return good gains even in this tremulous time. These manipulative rates are always 2 steps ahead of everybody because they are market makers. I hope I’m wrong and they won’t keep dumping it on retail investors as always. Those who hold the longest will profit the most, I trade and hold profits!
How, people thought, could someone with no understanding of the biggest economic story of the first generation be put in charge of the economy?
@Georgia BearMost startups fail and the world is only kind enough to allow a few mega successes. If you want safer, predictable, and more stable returns, you made a right decision right there
@@esnolgalves3344 Ain't we got the power to change things now?
@@Wonderfulwill182 The line between bold and reckless can be thin. For me *’Laura* *Adams* *Goodman’* made up a wild narrative justifying my past decisions and attributing bad outcomes to risk. Once you're ready to start, you need a few key things
This channel is becoming more and more mainstream by covering current events very quickly.. loving it!!
America and Britain should stop being arrogant and blackmailing Europe, but rather gas, and America should stop supporting Iran, because this threatens the security of the Arabs and Israel, so the Arabs left America in order to get Chinese weapons to destroy Iran’s reactors. Achieving peace in the Middle East
The higher fuel prices will actually help the western world 🌎 😳. Because, , the taxes on oil and gas ⛽️ and inflation. Will increase their income from tax receipts 🤔
@@Alan-jb9jv Inflation is NOT a good thing!
No it's not. Except for, financing the Military industrial complex.
This channel is getting viewers from other countries too 👏
Hope we get 🙏 more such informative and diagrammatic representation on different world 🌎 affairs
🙏🙏🙏🙏🙏
Thank u
Brother
America can't do a jack shit
Greetings from Sweden
Been watching from Nigeria. Very knowledgeable ans insightful
@@SuperMajed11 भाई, तेल सस्ता करो यार..
The world should know that America and Britain created ISIS and extremism, but rather the Middle East to destroy it, and now they threaten to leave Saudi Arabia and send ISIS to destroy our countries without American protection. They are really evil. We will bring Russian and Chinese weapons to defend ourselves and cooperate with Israel to bomb Iran
I dont think i have ever written a comment in a channel every. But no joke this is one of the best channels about information about what it is really happening in the economic world. Congrats
One could imagine that Russian and Chinese and Indian insurers will gladly take over this lucrative insurance business. Excellent reporting !!
Shipping insurance is a complex and huge capital oriented business. Expertise development, data management and understanding risks will need time.
In fact, Chinese and Indian insurance company already agree to take this business.
Insurance is highly technical business. There are a lot of gray areas.
If that’s the plan india needs years to create a technical infrastructure for it. It has everything that’s needed work force, money. It’s not impossible but it’s not something that could happen in months
Love from India
You did a better job explaining this conflict than all news media channels. 👍
Why would you watch US media channels? Have you learned nothing since 2020?
Most of those media won't explain well because of their personal biases
CapitaIism feeds terrorism and communism, how it gets freedom and monopoly creates unbalance, allies are angry too and feel the impact the most. Btw I didn’t say create and still blame these regions at the root. It’s common sense not to feed these ideologies and end up being the same because follow the same. Those two are two sides of the same coin, one is control and other is chaos, except one follows texts and not by individuals.
@@Jenvlogs404 facts
Believe it or not the displays alot of these rebel groups as terrorists and sometimes they're to the groups that's actually fighting the terrorist.
Terrorist organization are groups of people fighting to over throw it . But the government can actually be the terrorist too like Saudi Arabia the north sudan Arabs are committing genocide on tbe south Sudan Africans supported but the Sudan government
Because he's reporting 100%FACTS!💖👏👏👍👍👍
I love this guy because he provides lots of information and proof about his topics
I am new subscriber from Philippines 🇵🇭
Thank you for making this video.
World after Russia Ukraine Crisis be like : "Inflation! Inflation! Inflation! I Don't like it ..... I Avoid But "Inflation Like's Me I Can't Avoid"
Aam aadmi ki chudi pari hai
😂😂😂
💀💀
Not only inflation but it bows perfect seed for world war
😂💀🔥
Loved this case study especially the insurance angle of European companies insuring the ships! Thanks Thinkschool
But it will impact only russia
👌👍👍
In the name of green energy Biden is destroying the economy!
I don’t think we’re actually talking about insurance. The mafia used to sell insurance. It wasn’t to make you whole after the fire. Paper money only goes so far sooner or later you need real things and Europe is not going to be able to supply them.
@@brownbrown3882 That would be good. India becomes strong. USA will try to invade India... probably would fail though, it would be 50 times harder than Afghanistan. So many if USA goes all in it would yeild minor success.
Watching these videos are now my late night routine. Great insights and very well explained. Keep doing this man!
Accept it's propaganda.
@@victoriakent7506 pls explain how
For a few months now I have been searching tirelessly for information on how to start investing. I even payed $1000 for a course that I now regret. It appears that there is no structured guidiance for beginners on how to get started in this realm. I've come across several investors making well over $250k/annum and would be grateful if anyone on here could provide insights on how to get started, identify potential stocks, when to make an entry, exit etc.
Excellent analysis regarding the oil wars between USA, UK and the Middle East. Appreciate that you present such complex economic/ political issues in a story like format which makes it more interesting 👍🙌👏
USA actually has oil, but the technocrats don't want to allow local producers to utilize USA resources because it harms their interests.
The world should know that America and Britain created ISIS and extremism, but rather the Middle East to destroy it, and now they threaten to leave Saudi Arabia and send ISIS to destroy our countries without American protection. They are really evil. We will bring Russian and Chinese weapons to defend ourselves and cooperate with Israel to bomb Iran
@1 Mol yeah. It's crazy to what lengths USA can go to just so as to protect " their oil " 😐
Actually there is no complexity here. Our education model is very bad. We were not taught to think out of box , why and how...never been created curiosity to dig out answers on our own from school days .
We were taught strictly to memorize what was printed on text boobs and rewrite on papers without mistakes. We got one advantage out of it, I.e good memory retaining power. But lost reasoning power in this process.
@@1mol831 You are wrong man . Even if USA wants to dig out it's own oil, first of all, it is of impure quality Shell oil.
Secondly, the cost of putting up oil digging machineries & labour charge in USA is too high. And the crude oil becomes so expensive after it was refined, that cost of selling price would become 10x times higher than other OPEC countries oil price.
OPEC crude oil processing is easier than USA shell oil which produces toxic substances while refining it to get other petroleum products.
That is why, USA is depending on Venezuela now.
Thinking Indian, Content Global, Explanation Universal. That is what think school is, superb work as always
Agree. Global Anti Racist Respect.....is the strongest route to profitability.....more than any conquest dominion. You must Always respect another culture As sacred....then you learn from him better.
Indians are SURVIVORS! 👍🏻👍🏻👍🏻
@David well too bad because this video is true and what's happening. SAUDI is crushing the USA
@@masaomieric And rascals yes. They are dirty smart 😜 can't deny that
@David really, you still believe it's propaganda?? Do you have answer for ukraine and Russia war that's being started by USa -biden??
Getting such high quality videos twice a week is not lesser than blessing for the people who want to get educated without any MBA program or researching themselves. 💗
There are way more high quality videos currently on RUclips right now. You just need to step out of your echo-chamber. 😂🤣
@@x-morones2330 it's not about comparison man. I am not saying this channel is the best in the world; I was just appreciating the efforts and consistency of this channel.
@@x-morones2330 name Some channels???plz
@@surendrakoteri884Examples?
Examples of what: History, Quality of that History, Ease of Understanding of the History or all of the above (and much more)?
1. Knowledgia
2. Overly Sarcastic Productions
3. Extra Credits
4. CrashCourse
5. Kurzgesagt In a Nutshell
6. OverSimplified
7. UsefulCharts
8. Wendover Productions
9. RealLifeLore
Etc...
Iran & Saudi arabia must unite, only the west destroyed islam & palestine☝️👏
This is really helpful for my assignment including the references you give. You're my best friend right now 😊 buddy
Every time this channel delivers more than expected, it's now becoming a trust source of understanding the current world's scenario. Thank you for delivering such good content.
Now they will dump the Fiat Dollar.Well done Idiots.Trifecta.
America is number #1 in the World who has the most restored oil. It’s about time America uses it’s oil.
Saudi Arabia Economy is bad so they have a right to sell or buy oil who ever they want to. Only fools will believe what media is prostrating😆
Stop blaming other countries or inflation and bad Economy. Biden started the war so ha can stay in the office for 4 more yrs. Only fools will not see that. Biden is a war expert he knows when to start a war so he can win.
Excellent update.Thank you.
Lol most of this is more than nonsense 🤣🤣
@@knightwalker9549 Hi, decode that for me please
Now I understood the importance of having atmanirbhartha in defence sector. Hoping someday we might export to Saudi 😌
Brother it is sad but true that weapons produce by WEST are of top notch consider JAPAN UK FRANCE GERMANY NORWAY SWEDEN they produce high class and next gen weapons with cutting edge technology even RUSSIA dont make weapons on such a large scald
It is not possible if we build weapons in India still we need to be dependent for some parts. also quality matters we created Tejas fighter jet but also imported rafel
Not only in defence but in every field, tho it's hard to do since we don't have much engineering capabilities and experience, and gaining it will takes time.
The western hardware is unrivaled
@@shubhamer2000 It's not an overnight process and we all should be happy that we at last figure out and heading in right direction.
I need a news reporter like this...genuine and specific information dissect into pieces...with no lies and undercover fake news..👍
Amazing video as usual, good job 👍
Illustration, narration, statics, reasoning, explaining, educating and data analysing everything is superb. Excellent video and valuable information. You are rocking in peculiar subjects bro. Kudos
🤣🤡
Correction:
Saudi army is 227k strong not 127k
One more correction in your 200 barrel example at 2:50 you said 10 dollars instead it should be 10 barrels. Not criticising brother only correcting. Very good video overall. 👍👌
@@hasnani98aahil ⁹[
And the Saudi Army is mostly maintenance men. They maintain a heap of equipment, but expect America to supply the Soldiers. That's been their Defence Strategy for about 50 years. Let them buy weapons from Russia. Ukraine is showing what garbage that gear is.
Take OPEC to court?
LOL Which court? The court of the Planets of the Solar System?
Why doesn't "Wilson" insure his ship in India?
Very educative video. It's amazing. Everyone undestand it . Keep us informed. All te best 👌
I guess we get the best content with very short and simple explanations. I have recommended this channel to more than 100 people who are really interested in geopolitics. My favourite channel 💗
Short is another always good. Many of his conclusions are idiotic.
the way you connect the content to previous video is marvelous, connecting the dots and making the viewers think more is not an easy task. Kudos to the team.
I have been a regular follower of Think School videos. Great quality and content with such a nice way of explaining complex topics. THANK YOU !!
Think school is growing exponentially, things are explained in such ease that it's understandable to everyone. Thank you for all your useful videos...
Dumb it down enought and anyone can "underatand"
I have recently watched video on CS Analysis in comparison with Lehman brothers crisis (which was just prompted by RUclips). Now this, i have now became a fan of your videos. Simple and very explanatory for layman who would like to know multiple terms and implications at higher level. Kudos to you and your team. Forgot!!! Thanks a lotttz
Every week i eagerly wait for Tuesday and Friday. Your channel provides more and important information than my 16 years of education. Thank you Ganesh SirJi ❤️❤
This shows ur 16 years education was .....
@@defencenpolitics2719 that's just not his... it is everyone's....
Buy arms from CHINA, better deal
@@defencenpolitics2719 Unless your education is not parallel, Welcome to the League
Dude, you're clear, concise and precise. Thanks for all the info!
Russia, India and China can work together with SA to provide the security that it needs.
but we also buy wepons from USA
@@ayushmansingh261 India has the capability and capacity to manufacture its own. Being dependent on others' weapons for self defence is subjecting yourself to blackmail and hostage taking. That is exactly what is happening to SA from the US.
The flow and presentation of this guy is wicked cool…. More power to you bud!!
Wow... The way you explain things sometimes makes it look like a movie plot. Realistic and effective 🙂
We live in a movie
America and Britain should stop being arrogant and blackmailing Europe, but rather gas, and America should stop supporting Iran, because this threatens the security of the Arabs and Israel, so the Arabs left America in order to get Chinese weapons to destroy Iran’s reactors. Achieving peace in the Middle East
Reality movie produced and directed😂
Okay guys Iam appreciated that thanks again 👍👍🇵🇭
Thanks for this informative video, The insurance angle was a new dimension and an angle to the price cap that I never knew off and was wondering how they hoped to pull this off. Thanks for enlightening me Think school
Yeah me too
Wow, I had no choice but to subscribe. This video is literally rich in content- focused in context and globally understandable. Thank you so much.
You have gained one follower from this video 😊
"OPEC IS BASICALLY AN OIL CARTEL" Was Waiting for this Case Study Particularly...
OIL is a Commodity...Which will impact INDIA🇮🇳 the most ....and our Growth very well Depends on the Rate of CRUDE OIL...
anything that goes against US is categorized as cartel ,mafia,militant etc
I actually disagree. OPEC is not an oil cartel because it acts and protects its interest. It's a western propaganda to call it a cartel because it does not serve their interest. There are countries in OPEC which have been exploited by western countries before they joined OPEC. OPEC gave these countries the money that is theirs and not to some western oil company that simply exploited a country's natural resources. An example is BP (British Petroleum) exploiting oil fields in African countries. They joined OPEC and got protection.
Govt is working on that why India pursing for rupee-riyal and rupee-ruble exchanges so failling dollar has less effect on us.
@@psychduck7807 yes. exactly. And also Check what is Shell oil company doing in Nigeria for years. Nigerian people are eating drinking and breathing oil. ☹️ no one is there to talk about them.
Very true. That's why we need to sign a long term deal with Russia/Iran/ Venezuela for fixed price in a way that they make money and India gets discounted oil. India's consumption will only increase over time. A strong India is beneficial to all of the oil producing nations.
Excellent video as usual ♥️🔥
but expected a bit more about Venezuela 🇻🇪 and it's impact.
& US midterm election is coming
And US capability. USA has lot of Oil and Gas but current gov't rather plant trees then compete. Once Trump is back US and also flood the market.
Thanks for the excellent explanation of this whole oil and weapons transaction takes place ...Between Saudi Arabia and U.S.A..
This episode was a gem of information.
I DON'T KNOW IF THESE CASE STUDIES WILL HAVE ANY BENEFITS FOR ME OR NOT BUT I WATCH THEM ALL 🤣 LOVE FROM NEPAL 🇳🇵🇳🇵🇳🇵
Ma pani chu bro ❤❤
If india bedside you nothing will happen
@@Abhilashreddy4 what?
This guy is brilliant. Keep up with the good work sir
Great job brother. Appreciate well researched and explained videos.Love from Sri Lanka 🇱🇰
This is probably the best explanation on RUclips on oil prices.
thats bullshit. the truth about why they are raising oil price its because oil its in his last days. electric cars are replacing oil and they want to make as much as they can from oil.
@Don Dardha. The average consumer CANNOT afford electric vehicles. They can afford new gasoline cars and used ones. We will still need oil for plastics, etc.
@@slimjimnyc270 the average consumer couldnt afford to buy a car in 1900s. Electric cars will be cheaper soon for everyone. You dont need large amount of oil for plastic lol. Beside that,plastic wont be allowed anymore. Also USA doesnt need oil from Saudi,this is for Europe only. OPEC countries will go bancrupt before 2030,you will see. Their economy is dependant entirely on Oil.
@@dondardha1993 Its not only about cars only but machinery, plants, etc. Oil cannot be replaced at all.
@@dondardha1993 I hope you're correct about cheaper EV prices. I'll believe that when I see it on the auto dealers' lot. Went car shopping for friend last month. Could NOT BELIEVE how expensive USED gas-powered cars were! I could only imagined what EVs costed. Best regards.
Any chance of sending some of your Think School students or followers to America and the UK to do our thinking for us?
Whenever I clicked on ur videos I never disappoint or bored. Excellent way to tell complex things in simpler way.
This is my first time here and it was a fabulous and straight forward explanation of all these dynamics. Thank you
To circumvent insurance ban, Russia already setup $1 billion company based out of UAE to provide insurance to Russian ships. Thar is how oil is coming to India Russian ships are no longer insured by European insurers. Russian tankers deliver oil to India. I think none of Indian tankers are involved in shipments
This is terribly short sighted by the London insurers. They are going to lose their monopoly on shipping insurance once major world players form their own insurance markets to sidestep these measures and it will mean massive economic losses for England.
@@catocall7323 fuck really? I hope you're wrong because we've already handicapped ourselves because of our leaders. I hope this will not affect the UK that much
This European insurance thing was mind-blowing, would have never known this by reading news articles. Thanks think school for these amazing educational videos.
India should continue buying crude oil from Guyana.
thanks to the subtitles that helped me a lot understand this
Very nice to include the role of the insurance industry. Ppl often overlook the financial aspect even though everything is driven by it.
Remember _Sabse bada rupaiya_
What if the shipping companies begin to buy insurance from Indian insurance companies instead?
The world should know that America and Britain created ISIS and extremism, but rather the Middle East to destroy it, and now they threaten to leave Saudi Arabia and send ISIS to destroy our countries without American protection. They are really evil. We will bring Russian and Chinese weapons to defend ourselves and cooperate with Israel to bomb Iran
Exports and Imports not just include insurance. There are international banking transactions involved, shipping containers, storage insurance, port clearance, tariffs, custom inspections, securities, and related peripheral activities that will create all kinds of business opportunities for Asian countries when Europe boycott their own companies by blocking transactions with these kinds of exports/imports. It never rains, it pours when Europe imposes insurance restrictions.
@@1mol831 We have our market share & we cannot capitalise more if we lack the capital. On top of that insurance companies, especially HDFC Ergo, mostly follow Western sanctions as they have business interests in Westen nations.
Your videos are superbly well thought and well presented for a layman to understand. God Bless you. Keep making such informative and knowledgeable videos.
Very informative Ganesh. Thanks genius 👌🏻
This video was so informative. Thanks for sharing this crucial information so that average people like me know what is really going on. Much appreciated 👍
Good analysis and well explained all the relevant issues. It is a pleasure watching this video.
One observation: The US is one of the largest producer/exporter of oil (as shown in graph). Well, well, well, you now have new dynamics in the game. Not only it consumes the most oil, but it also exports a lot. So on one hand it hurts from higher oil prices but at the same time also benefits from it.
Even with a profitable oil industry, the US would much rather have low oil prices because the majority of its economy and industry benefits from cheap oil.
Exactly 😅
only
1. USA exports shale oil. lightweight oil. Most of the world's refineries are desgined for heavy crude that OPEC, venezuela etc sell.
2. While you can just increase drilling and produce more oil with crude, that is not so easy with shale. You have to do fracking which is an extensive process and requires a lot of investment. Every new barrel of shale costs more than the previous one. So companies are not gonna just increase production.
3. During COVID, demand for oil went negative. So oil companies massively decreased production. As mentioned above, not only does it take more time and effort to restart it, they are also not willing to do it. They want to ride the price rise and gain more profits just like every other oil company. And considering how much rights USA gives to these companies, they are not gonna increase production. Biden already tried. He even increased land grants for them. But despite all his efforts, these companies gave him a harder bitchslap than MBS. Which is also why he isnt gonna be able to argue jack in this "court" he wants to take saudis to because his own companies are doing it.
Fracking was started by USA in 1990's I believe, to combat this pricing manipulation. And it has had zero effect because of these reasons.
Not to mention, Biden is a democratic party candidate. If he goes gung ho on increasing oil, the progressives in his party will eat him alive, not a joke. And these prices are maintained because of the strategic reserve being opened, That aint gonna last forever. So yeah, Biden has screwed himself and the whole world. No thanks, boomer.
@@wrongturnVfor Fracking started because the technology became available to do it.
@@Matthew_Loutner that statement literally has no value whatsoever. I dont understand if americans actually dont have the capacity to think straight or you guys are just assuming everyone else is stupid and purposefully being facetious. Fracking dates back to 1800's but it was never in mass use in USA till the 80's and 90's. Because before 60's USA dominated oil markets. That is why OPEC was formed in the 60's. When Opec did a massive embargo in 70's deal was struck with them by Nixon owing to which they continue to sell oil in dollar in exchange for weapons. While this means they cant put an embargo on USA, they still ca affect oil prices by regulating output. Which is precisely what they did. That is why USA invested in fracking - to counter OPEC price manipulation. If americans actually focused on learning actual history instead of waging a war against education with CRT and whatnot, maybe we could begin with a sensible conversation and not waste time educating you on what should be common knowledge
glad i came across this channel. Great content, incise and to the point. New sub
You guys have done really good homework, thankyou for the informative content 👍
Real content looks like this .......its so detailed , shows different prospective under just 18 min ......bro your hardwork in editing skills and video presentation is reflected in this.................this is epic shit bro 👌👐👀
Epic Shit, HaHa.
Epic shit😂😂
Had to thumbs up and subscribe straightaway😉
this is by far the best explanation i got about curent situation, thank you...
Dude your research is outstanding 🔥🔥
Brilliantly put up. Very well researched. Storytelling at its best. As always.
Wow very nicely explained.. bring much videos like this..😊
Absolutely amazing content with such a detailed explanation of the role of European insurance companies on crude oil prices. More power to your channel.
As a trader/investor, I find gaps in the explanation (as forwarded by my friend), and let's not get caught up in the headline-making world news of the day today. Crude was $140 in 2008, and in 2021 the high it saw was $115. Crude is in a secular long-term bear market, and the US though having its own oil reserves, is not investing any more in drilling. With the latest inflation reduction act, the US will provide its consumers/people 30% of the expenses on solar installation. All this leads to the further fall of crude, especially now more so with the hike in interest rates as America wants to squeeze out excess liquidity in the global market (with 60% of its currency outside in the global markets) than in the US. Saudi Arabia is priced at $76 per barrel for the next year in its annual budget.
@@ananthasusairaj330 See it from the geopolitical perspective then you will see the importance of this.
@@sahilkumar-zp7zv - what is the geopolitics here, and why is the statement US economy is getting crushed when it has the most robust economy in many decades with unemployment at a little above 3%. In fact, it is all the other economies that are getting crushed as the US Fed squeezes out liquidity.
fake content. U.S and European owns most of the world resources. and they has sweatshops all over the world third Inclued INDIA. if no one has a job the in the west big corporations still brings in billions on the back of slave wagers workers. Example. India textile makes every things for a slave wagers. and the west sells it for billions.
India is a former slave labor colony and now India gets paid a slave wager. the slaves just govern they self.
@@ananthasusairaj330 that's why Russia says bye bye to the dollar. Because when America sinks, it drags everyone with it
I just love how this guy explains this to be so simple.
Coming from Nepal to the UK, people should know something - you can survive without constant heating
Very good analysis of what's happening in world economy right now, and very possible predictions, you are a talent my friend, can't wait for the next video 👏🏻
📞📞📞☎️
Thanks for posting this video. It's incredibly informative as usual, and I appreciate how you put things in perspective.
More power to you buddy, your team is closely watching global politics 😍😍 and explaining it very briefly 🥳
Thanks again buddy🙂
Wonderful and crisp explanation of geopolitics. Keep up the good work !
Thank You so much @ganeshprasad. Understanding the whole concept behind the hike in oil and energy prices. As an Immigrant in the UK we are facing tough situation which I don't have a clear picture for the reason of Inflation and recession. Now I got to understand the concept Thank you for educating us @Lot of support to you!
Why didn't RUclips recommend me this channel earlier? Amazing information with simple explanation. 👏
UK ammends law so that insurance company don't give insurance,
China And India:- Opens company for providing insurance to ships.
and the Brits will sink them in the approximate pattern in which the Nordstreams were blown up. :)
@@butruskazaki479 dont sell it EU then, sell it to Asia. Middle East oil also goes to asia
Can we provide 95% of all ships the insurance for each of 12000 crores ? Yea China can but can India with ongoing recession.
@@eyeofthepyramid2596 i know if it is providing to 95 percent than yes china can and much much more easily than India, but i am talking about ships that will carry oil(no one will change insurance company unless they get profit and profit is in oil for some ships not all) not other goods, and in that case both countries are pretty equal.
@@butruskazaki479 and the Europe will again pay for that because oil wouldn't reach Europe.
I just knew If OPEC country reduce production there is a Price hike. Now I knew something more. Thanks for enlighten me
Excellent presentation - I am a subscriber for life. Keep up the good work. As a content creator, "Hell of a job" . This should be main stream.
Great explanation man!! 👍👍
Great analysis Ganesh Sir🦁❤️
Great content. I like the way you explain the details in your videos.
Bless the English speaking Indian population educating the world on youtube.
as an Indian i want to ban english here and promote regional indian languages. No culture has matched the diversity such as ours and I want to save them from going extinct. All the literary works in regional languages have gotten lost.
@@divyanshtiwari3547 Can't deny but we can't push native english people to speak our regional languages.
@@divyanshtiwari3547 solution: bring back Sanskrit and made it compulsory to study it and will be the common language of whole India as well as will help us to understand our culture more effectively
Every Tom dick and harry talks in English in India. It’s very easy to learn compared to other languages
Actually bro, it is the countries below the powerty line are struggling the most. Its unbelievable that we being in subcontinent dont see that and talk about the little pains of the wealthy 😳
Lets all support the countries who have our best interest at heart.
You are great in explaining the info brother 👍. Thanks to Govt of India, we have best foreign ministry and PM as well.
This cuts in supply will impact us also
Thanks for explaining this situation so well !!! You are amazing and I love watching your channel
Love your voice love your accent love your presentation and delivery ❤️
Great Video @Think School, also for folks looking to invest in Golden Pi, know this that the ROR is based on bonds issued & the lock in period ranges from 3yrs to 5+ yrs....that's a long locking period for Debt funds (bonds basically). My suggestion you are better off investing your money in passive / active mutual funds with returns higher than 10% instead of locking your funds for 3-5 yrs in bonds....I have tried this app myself and this is my feedback for those looking to download the app from the affiliate link.
Thanks.
Thank you from kabul, very true and informative video.
Great content as always🔥🔥
Really appriciable work done bro💯💯
Top level content!! Well studied and explained in depth.💯💯💯
Wow I learned sooooo much stuff in this video, very appropriate as it is timely and the facts were presented right on. Kudos!
Nice video on oil prices and political moves regarding decreasing and increasing the oils production by OPEC + countries, role of insurance companies, its effects on imports and exports of weapons , thanks You tube for uploading video.
This might accelerate dependency on alternative energy. I bet opec shot on its foot for short time gain. You have to consider India and China who are biggest importer. USA can pump enough oil to sustain itself.
true. once you buy a electric scooter, your running cost will be 10paisa / km.
it doesn't matter to you if petrol is 80 / lt or 150 / lt
I don’t think so ,opec can sell to India or China in yuan and American dollar will lost Petrodollar😊
@@Jahwonder4u Ya right UAE already agreed to do trade in Rupee Dirham so yeah.
Than why they don’t produce more? Waiting to the price going higher? The US is not kind to any other nation. But it’s sad that they let their own people suffer. And if we look the other side of this, they were spoiled to rotten using their cars or other vehicles to go to the bathroom? Walking a mile to school or to the next store to buy milk or bread it’s absolutely unacceptable to them. That store must be opened closer to my house! And you my friend Bhagath if you hold your breath just halfway as long as it would take to have cheaper gas, sorry to tell you, but you would be death of a long time ago.