US Well Services (USWS)

[tw0122]

Out of trade in premarket earlier this morning. Looking at OILD for a quick flip Need more war news and less peace for this to move back above $2 again in my opinion.

Futures Bounce Hard After Russia Offers Conditions To Immediately End Military Operation

Tyler Durden's Photo
BY TYLER DURDEN
MONDAY, MAR 07, 2022 - 07:50 AM
Belarusian state TV has said the Russian delegation has arrived at the location where on Monday at about 14:00GMT/09:00EST the third round of talks with the Ukrainian side are set to begin. So far the ongoing talks have been focused on establishing and maintaining humanitarian corridors for the safe evacuation of civilians still trapped in cities under siege by Russian forces. But these have been erected and collapsed in various locations with limited effectiveness, given Kiev has accused Russia of breaking the temporary ceasefire pauses through the resumption of shelling, something which Russia's military has rejected.

Just ahead of the meeting, the Kremlin issued a list of demands to be accomplished if Ukraine wants the Russian invasion to be halted immediately. These includes, according to the Kremlin spokesman, the recognition of Crimea as part of sovereign Russian territory, as well as Donetsk and Lugansk as independent states.