Risk premium tied to Russia coup attempt may take hold when oil markets reopen
A Russian oil cargo ship carrying discounted crude anchored at a port in Karachi, Pakistan. Crude prices have been in a holding pattern for well over a month, and developments in Russia could change the narrative.The situation surrounding the Wagner paramilitary group's moves in Russia is highly fluid, but oil markets could see a geopolitical risk premium even if the late Saturday stand-down holds.
Prices have been stuck in a holding pattern for well over a month, though the latest development in the war could change the ongoing narrative in oil markets. Existing sanctions are designed to thwart capital flows to the Kremlin’s war chest without causing undue market disruptions. Land-locked countries in Europe, for example, continue to get Russian oil through pipelines.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Russia coup: Moscow mayor declares Monday a non-work day as Wagner forces advance toward cityThe mayor of Moscow has declared Monday to be a non-work day and advised residents to stay home as Wagner mercenaries near the capital city as part of a revolt against the Russian military.
Lire la suite »
Oil field activity flat as prices dip, costs rise, Dallas Fed study findsWith oil prices soft, natural gas prices even weaker, and oil field costs rising, the...
Lire la suite »
Oil plunges 4% as interest rate hikes outweigh lower US oil supplies By Reuters*OIL PLUNGES OVER 4% AS INTEREST RATE HIKES FUEL RECESSION FEARS $CL_F OOTT
Lire la suite »
Russia live updates: Putin accuses Wagner chief of 'mutiny' as mercenary chief marches into RussiaLIVE UPDATES: Russian President Putin accuses mercenary chief of 'mutiny' as group claims to have taken key military outpost • Ukrainian president says mutiny shows Russia's 'weakness' • European leaders monitoring situation in Russia Follow for more:
Lire la suite »
Cleveland Police looking for 14-year-old girl last seen MondayThe Cleveland Division of Police is asking for the public’s help locating a 14-year-old girl last seen Monday.
Lire la suite »