Quotes from the news wire:
Removing some Russian banks from SWIFT could result in a disruption of oil supplies as buyers and sellers try to figure out how to navigate the new rules, bottom line : No funding, no oil.
Found on CNN 6 months ago
The bottom line is some people are looking for OPEC+ to cut production, and I don't think that's going to happen.
Found on Reuters 2 years ago
The market is disappointed by a very small crude oil inventory draw. ... The only sign of strength in the market is the continued modest decline of gasoline inventories.
Found on Reuters 3 years ago
That might include pressure to release oil from the Strategic Petroleum Reserve, which the administration indicated they were considering on Friday, to put things in context, if we were to look at Iran in total, it's exporting roughly 2.2 million barrels a day of sales, of which half is going to both China and India.
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