The mercenary mutiny in Russia is sparking concerns over the stability of oil production in the region. @ea_amrita breaks down the risk of disruption to the energy market:
"The US also may draw more supply from Asia and the Middle East, but the lengthy journey and high shipping costs mean that option isn’t likely to provide quick or significant relief at the pump" says @EnergyAspects https://t.co/2GXD1Hesey via @business
@ea_amrita joins @BloombergTV at 7.30 am (ish) GMT to discuss the outlook for oil markets following yesterday's OPEC decision and today's implementation of the G7 Russian oil price cap and EU crude embargo. Tune in. #OOTT#oil#OPEC
Opec+ will continue to monitor markets and should fundamentals deteriorate they will meet prior to June, [which is] currently the scheduled next ministerial meeting, @ea_amrita tells @ftenergy
https://t.co/EwxeHGCHtI
Confusion around the price cap has left the market thinking the EU can buy Russian oil. This is entirely mistaken, as the embargo supersedes the price cap. Oil markets could tighten “significantly” in the spring, @ea_amrita tells @FT
https://t.co/faKCkZTPBj
@ea_amrita, Energy Aspects Director of Research, joined @BloombergTV European Close" with @kaileyleinz and @GuyJohnsonTV to discuss the confusion around the upcoming G7 price cap and EU embargo on Russian oil. #OOTT https://t.co/bl6wQpFJWM
The macro sell-off is driving #crude prices lower, but backwardation in refined products indicates that #oil demand remains strong, while #China will be critical to next year’s balances, @ea_amrita tells @BloombergNRG [interview starts at 38 min mark] https://t.co/PGcCvEKKn1
@EnergyAspects' Livia Gallarati tells @MktsInsider that higher oil prices are on the way and are likely to stick around for some time as the world faces a structural problem with supply. #OOTT#Oil#CrudeOil
https://t.co/cg3KOQmFAH
"It's obviously been a loss for the market. We were very worried at one time that we would lose all of Russian's oil supply, but that just hasn't happened yet," says @KilduffReport. "We're already feeling it here in the U.S. It's been a big shock to the system."
“If you are going to use the SPR to combat OPEC, that’s like turning up to a gun fight with a knife,” @ea_amrita tells @BloombergTV#oott#oil
https://t.co/3wsgots2Bo
Considering already legislated future drawdowns of the US SPR, President Biden only has about 60 million barrels to play with, if he wants to do another emergency oil release, @energyaspects Director of Research @ea_amrita tells @Bloomberg#spr#oil#OOTT
https://t.co/pLedQ36HU6
@EnergyAspects' @ea_amrita joined @ManusCranny & @daniburgz on @bloombergtv’s Daybreak Europe earlier today to discuss what can be expected next from the Biden administration & her latest view on crude prices (interview starts 31 min mark) #SPR#OOTT
https://t.co/7s0CdLBADx
Director of research @ea_amrita joins @CNBC to discuss the Biden Administration’s possible response to the decision by #opec+ to cut #oil production, including whether to release more strategic stockpiles from the #spr
https://t.co/TkxskS3uGQ
Trevor Sikorski, James Waddell & Leon Izbicki warn wrong-headed interventions threaten the existence of a liberalised European gas market & could aggravate an already acute energy crisis in our latest podcast "The European gas market: Cap in hand"
https://t.co/yYCRhqfmLt