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Oil Price Is Unstoppable Until Russia-Ukraine War Ceases
The Russia-Ukraine war has lasted for more than half a year. Apparently, it was a Russia-Ukraine war of attrition, while the truth is a battle between Russia and the US, a bayonet of the two world energy powers, and the final competition of global arms exports. For Russia, withdrawal may mean loss, more than the energy and arms market, the loss will be the country's future. Thus, so even if Russia is drained on the battlefield, it will maintain the cheese of the arms and energy markets on which they depend now.
Global Recession a Bigger Risk to Russia's Oil Revenue than Price Cap
Russia's oil export revenues are at much greater risk from a global economic recession than the price cap being planned by the United States and the European Union.
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PROFIT +409 Points
BRENT: Trade Flexibly and Swiftly in a Complicated and Changeable Market
EIA crude oil inventory growth exceeded expectations and the rally structure on the technical side has been damaged, with a bias towards a bear market in the short term.
Ukraine Calls for More Anti-Drone Gear as Air-Defense Missiles Arrive
NASAMS are now operational in Ukraine, but a new potential threat looms.
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LOSS -2600 Points
BRENT: Both Supply and Demand Sides Are Bullish, Supporting Oil Prices to Rise
The pullback in the US dollar (USD) and that both supply and demand sides are bullish support oil prices. In technical terms, oil prices rallied in oscillation and maintained a strong pattern.
Why Compromise with Putin is Not The Solution in Ukraine
Russia's atrocities in Ukraine should have convinced the West by now that surrendering to selfish energy interests and Kremlin nuclear blackmail will have horrible consequences.
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LOSS -2500 Points
BRENT: Multiple Positive Blessings, Oil Prices Remain BULLISH
Demand Growth Expectations are Optimistic, Geopolitical Risks are Rising, Crude Oil Inventory Data is Declining, and Multiple Positives Jointly Support the Recovery of Oil Prices.
South Korean President Dismisses Putin's Warning
Russian president uses NK as leverage for thwarting Seoul's Ukraine support.
Energy Crisis Sparked by Ukraine War to Speed up Green Transition
The drop in Russian fossil fuel exports after its Ukraine invasion this year will transform the global energy landscape for decades and can help to hasten a green energy transition, the International Energy Agency (IEA) said on Thursday.
Ukrainians Hold Out in East, Prepare Battle for Kherson
Ukrainian troops are holding out against repeated attacks by Russian forces in two eastern towns while those at the southern front are poised to battle for the strategic Kherson region, which Russia appears to be reinforcing.
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