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Plentiful Supply

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Never mind the war in Ukraine, the looming EU embargo on Russian crude, or threats from Moscow to cease sales to any country adhering to the G7-mandated price cap. Over the course of a week, the nagging supply fears that have spooked oil markets for most of the year have suddenly dissipated, and the sentiment — right now at least — is that there is sufficient supply through the winter, and beyond.

Topics:
Oil Prices, Oil Futures and Derivatives, Oil Supply, Oil Demand, Crude Oil, Diesel/Gasoil
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