Summary
- The market implications of price caps on Russian oil.
- As Russian price caps kick in, what it means for oil production.
- Why oil prices are giving up gains for the year and sitting at a new 2022 low.
As the G7’s new price cap on Russian oil kicks in, attention now shifts to the potential impact on energy markets. Anthony Okolie speaks with Bart Melek, Head of Commodity Strategy at TD Securities, about the latest developments and the outlook for oil prices going forward.
For further details see:
What The Price Cap On Russian Oil Could Mean For Energy Markets