Contrarian signals everywhere.
Russia is risking being cut off from the financial system.
This could essentially wipe out the bid for oil as then no one in their markets could access those bids. A large % of the oil market will go offline so I would think we could expect at least -30% decline.
Russia is risking being cut off from the financial system.
This could essentially wipe out the bid for oil as then no one in their markets could access those bids. A large % of the oil market will go offline so I would think we could expect at least -30% decline.