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Description: Call it a “buyers strike” or “self-sanctioning,” but Russian crude is being shunned in the physical market even as a scramble for barrels sends oil futures to their highest levels in years.

Source: MarketWatch.com

Date: Mar 04, 2022

Link: https://www.marketwatch.com/story/why-russian-oil-cant-find-buyers-even-as-crude-nearly-touches-120-a-barrel-11646347974

Questions for discussion:

  • Why can’t Russian oil find buyers?
  • How do you believe the energy business will change as a result of unfolding events?
  • How should investors respond to these changes taking place?

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