“Ripples are now spreading to other key markets.”
A collapsed price, a lot of money, and some shrewd traders.
“A sense of foreboding.”
So what happened?
Russia Sanction Busting: “If You’re Not Blatant About It, You’re fine”
US lawmakers and staff received secret payments from Azerbaijan’s state-owned oil company.
Their oil production sets records, US drillers aren’t backing off either, glut gets worse.
Kremlin looks to Middle East and China.
No one backs off. Price plunges.