Watch this short video: https://www.youtube.com/watch?v=M0LzuMUOO0k
What concerns me is that we are focused on shooting down balloons and no one seems worried about the global oil market. If 5,000,000 bpd of Russian oil would be lost to the global market it would have a big and very bad impact on the global economy.
What happens if Russian oil production keeps falling?
What happens if Russian oil production keeps falling?
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: What happens if Russian oil production keeps falling?
I was reading a tweet by Tracy(chi)@chigirl yesterday that Russia is planning to reduce their crude exports by 25% from their western ports in March.
Here is the reuters.com news link:
https://www.reuters.com/markets/commodi ... 023-02-22/
Here is the reuters.com news link:
https://www.reuters.com/markets/commodi ... 023-02-22/