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

Posted: Wed Dec 07, 2022 9:21 am
by 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.