If Russian/Ukraine tensions escalate, or if OPEC+ can’t keep up with their quotas, price may increase once again. Russia helps to makeup the “+” side of OPEC+. Therefore, Russia is a key player in the overall production of crude oil. US and NATO allies have been threatening sanctions on Russia if it invades Ukraine. These […]
The post Oil Dips Below $90 as Russia Turns Down the Heat. What’s Next? appeared first on Action Forex.
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