Price Cap on Russian Oil - Could have an impact on supply

[dan_s]

Watch this video: https://www.youtube.com/watch?v=w93XoP5g95o

Within a few months a million bpd could come off the market due to the insurance issues. Long-term the price-caps could cause a serious problem for the global oil market. Watch it to the end to learn the "Worst Case scenario".

China and India need to be very careful.