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Re: U.S., Allies Eye $60 Price Cap For Russian Crude"but we are only talking about a few million barrels a day exported" Seriously? In the fundamentally tight global crude oil market, where Governments have already shot their bullets via SPR releases et al? We've seen substantive market moves higher in the past on unexpected outages of 200-300,000 bpd. I think the market is giving us a gift here. |
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