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Re: BestFishes post# 1295

Thursday, 12/01/2022 11:57:17 AM

Thursday, December 01, 2022 11:57:17 AM

Post# of 1862
I wonder how this $60/Brl cap from the EU is going to pan out.
I bet Putin says screw you. 10% of the Worlds oil supply gets cut off overnight. Oil shipping dries up. Shippers and insurance are in G7 nations. Putin will be cut off from this. They are playing a dangerous game with Russia.

Russia will just sell to China. The largest consumer of oil.

Maybe Saudis will open up the valve. LOL

I can’t see how oil is not going to explode. Everyone waiting on Poland to decide Friday on this. I don think Putin cares.