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Russian oil sanctions are about to kick in. And they could disrupt markets in a big way
CNBC ^
| December 1st, 2022
| Silvia Amaro
Posted on 12/01/2022 6:03:34 PM PST by Mariner
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To: Mariner
OPEC meets Dec 4. Already cut 2M bpd
Cap on Russian oil Dec 5. Russia cuts EU off completely.
SPR Dec contracts are done (so they say).
Biden got screwed by OPEC.
Biden/Yellen lobbied EU for price cap. You're witnessing a disaster unfold by this administration with it's war on US oil. Oil to at least $140…….
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