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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (53085)	2/28/2022 1:48:13 PM
From: ajtj99	Respond to of 97199

Another snippet: Adi Imsirovic from the Oxford Institute for Energy Studies says we should brace for an energy shock. “I am very surprised that oil is not trading at $115 or $120. The whole world is going to be affected by this in what is a very tight market,” he said.Mr Imsirovic said two-thirds of Russian oil exports are shipped by sea. This trade is already severely disrupted. Shippers are refusing to pick up Russian cargoes in the Black Sea. “Insurance premiums are going through the roof. Russian crude is trading at a discount of $11, the deepest I have ever seen,” he said. It would be complacent to suppose that market convulsions will stop here. We must reckon with the real possibility that Putin will retaliate by cutting off gas flows to Europe entirely, bringing down the temple on all our heads.