Where finance and media intersect with reality

Why the oil price is not what it seems

Just because oil prices are absorbing the prospect of an outright European ban on Russian imports well, doesn't mean there won't be a major breakout to $300 per barrel highs if and when such a ban is executed.
Screenshot 2022-04-20 at 14.00.07

Just because oil prices are absorbing the prospect of an outright European ban on Russian imports well, doesn't mean there won't be a major breakout to $300 per barrel highs if and when such a ban is executed.


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