SEB: Peace or war, who knows. But crude is weakening on its own merits of surplus amid friction from sanctions
4/12 09:30
“Brent crude wiggling between peace and war. Brent crude traded down 1.4% to $62.48/b yesterday with a low of the day at $61.6/b. Last Tuesday it at times traded above $65/b and it has fallen around $2.5/b since then on hopes a Russia/Ukraine peace will materialize out of the latest initiative. But optimism for such […]...