NBU forecasts billions in losses due to problems with sea exports - Курс України
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NBU forecasts billions in losses due to problems with sea exports Курс України
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4 itemsGlobal Commodities: Oil glut paves way for stronger sanctions. If enforced
The desk posits that the ongoing sanctions against Russian crude oil production are likely to create a more significant impact on global oil markets, particularly as nearly 70% of Russian crude is now under sanctions. Per the full note from J.P. Morgan, while Russia has adapted by using offshore traders, the complexities of these arrangements are increasing costs and slowing down settlement times. This situation could lead to tighter supply dynamics in the medium term, particularly as Indian imports are projected to decline by 400,000 barrels per day (kbd). The consensus among firms suggests a cautious outlook, with targets ranging from 1.04 to 1.10 for the coming months.
UBS lowers Brent crude price forecast to $80 - صحيفة مال
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