brent oil

in #brent3 years ago

It was a bit ridiculous that it went up to $140 anyway.

As far as I know, energy imports from Russia are not subject to sanctions anyway. But the general fear was that Putin got mad and said I don't sell you either natural gas or oil, but he didn't do such nonsense because the state's budget was dependent on their income.

On top of that, when the growth expectations in the global economy slowed down a bit, brent fell. I think it should decrease even more because there is neither a problem in supply nor a serious increase in demand.

but the US energy companies hit the money again. The men were already processing the oil they extracted from Texas and selling it to the American domestic market. Also, when there was no problem in the supply of the men, they suddenly started to sell the oil they extracted much more expensive.

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