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Prune60 Profile picture
@Prune602
Aug 28 • 10 tweets • 5 min read • Read on X
Scrolly
‼️ Russia: “The Ministry of Energy has closed statistics on the production of petroleum products”

These were previously displayed on Industrial Production report that was released monthly.

I’ll explain

kommersant.ru/doc/6920662

Image
Here is the link to Rostat Report “ABOUT INDUSTRIAL PRODUCTION
IN JANUARY-JULY 2024” that was released today.

rosstat.gov.ru/storage/mediab…
Image
If we scroll down, we see a general category remains for “production of coke and petroleum products”

Note: Coke here likely refers to Petroleum Coke sometimes called petcoke that is by byproduct of a refinery coker processing unit. (Coking coal is something else) Image
After that there is a table titled “Release of the most important types of products”

This the table where the change is located. (It’s located further down) Image
To more easily show what is missing, I’m going to compare this to the previous months report (left) compare to this months (right)

I’ve drawn a red box around the categories that have been excluded in the new report.

rosstat.gov.ru/storage/mediab…

Image
Image
The categories that are now missing are

👉 Diesel Fuel
👉 Straight Gasoline
👉 Fuel Oil
👉 Liquid propane and butane
👉 Gas condensate Image
This continues the Russian government’s trend of hiding a variety of data from the public.

In May other statistics related to fuel production was hidden.

For example, this report provided weekly stats on gasoline & diesel production. Not any more.

rosstat.gov.ru/storage/mediab…
Image
It is worth noting that news has leaked of lying on the part of Russia and the oil refinery.

For example, lying about getting a unit up and running
Or Oil refineries completing contracts for supply fuel that they KNOW they won’t be able to fulfill in order to make their sales numbers look better.
In general, Russia often hides things because they’re about to get caught in a lie, or they don’t want anyone to know the truth.

They aren’t hiding it because things are going well.

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More from @Prune602

Prune60 Profile picture
Aug 29
‼️ Russian OFZ Federal Bond Update Thread

👉 for Q3 Auction Day 9 (28 August 2024)

They placed 60.2 Billion Rubles this time on OFZ Bonds PK-29025 & PD-26247

Constant Coupon Bond PD-26247 produced a new record yield

👉 16.16% on a 15 year bond


Image
Image
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I have some new charts and I have been able to some more precision on some of the regular OFZ data.

But first the usual
If you have no idea why we are watching this or what is going on please read this long thread that explains the economic situation Russia is in.

It will give you a ton of insight on what has happened. And remember that you HAVE A BOOKMARK. You can use it save your place
Read 91 tweets
Prune60 Profile picture
Aug 28
‼️ “UAE banks have begun blocking Russian payments for Chinese equipment”

This is for payments for goods that do not enter UAE. It reportedly started about a month ago

👉 and CHINA initiated the blocking.

🇨🇳: I don’t want secondary sanctions

kommersant.ru/doc/6919850
Image
Reportedly about 10-20% of all laptop payments for Russia go through UAE while other electronics could be as high as 30%.

The suggested reason was the cheap commission for making payments (1 - 3%) Image
‼️ “Problems with paying for goods through banks in Dubai began about a month ago, confirms the general director of Beshtau (electronics manufacturer) Oleg Osipov, the blocking is initiated by the Chinese side.” Image
Read 11 tweets
Prune60 Profile picture
Aug 27
‼️ Russia: “Pilots of Pobeda Airlines complained about the low-cost airline's new requirements, according to which planes are refueled with a minimum amount of fuel”

🚨 DO NOT FLY ON A RUSSIAN AIRLINE

moscowtimes.ru/2024/08/27/pil…

Image
For reference, I was concerned about some of this stuff back in April.
See 👇 Image
Read 25 tweets
Prune60 Profile picture
Aug 27
‼️ “India leaves Russia without stainless steel: supplies have fallen threefold”

And one of the cited problems is….

👉 THE HOUTHIS!

moscowtimes.ru/2024/08/26/ind…
Image
“Russia does not have its own stainless steel production in comparable volumes, and its dependence on imports reaches 70-80%”

20% of Russia’s 2023 Imports came from India 👉 486,000 tons Image
Houthi attacks have made the price of shipping skyrocket

The Vedmosti article also mentioned a shipping container shortage problem. China has been complaining about in relation to Russia too. Image
Read 5 tweets
Prune60 Profile picture
Aug 26
‼️ Russia: “One person died as a result of a fire at the Omsk Oil Refinery”

I’m seeing no reports of this fire being caused by an attack or sabotage.

kommersant.ru/doc/6918908
Image
It only says that a fire broke out. Image
And the Omsk Refinery said “the fire in the process equipment will not affect the plant's production program. It is specified that the processing plan will be fulfilled using additional processing capacities.”

But we’ve caught Russia lying before, so take with a scoop of salt. Image
Read 23 tweets
Prune60 Profile picture
Aug 26
‼️ “Putin urged the government and the Central Bank to reduce inflation more effectively”

Another signal to the public that the Russian key rate is going to go up.

interfax.ru/business/978110
Image
I will warn you that this was part of bigger speech that twisted the data to try give people a different impression of what is going on than the truths.

All those things that I’m usually yelling “and that’s how they get you!” about.

😂
Here’s the link from the Kremlin on everything he said. This same source is generating several different articles.

kremlin.ru/events/preside…
Read 8 tweets

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