Europe with their crisesIf there's a ticking timebomb waiting to boost Oil prices by $15, it would have to be caused by any major disruption to Oil production, and Russia will be behind it. Here in North America, our worries pail in comparison to what Europe is going through obviously Ukraine is the hot spot and when you read daily events everything in Europe that is happening is coming to a boil, and you can be sure that after the war ends that Europe will be focused on ending their reliance on Russia Oil and NR because every time Russia has a pissy fit they threaten on shutting off the supply, Wildcard events that add value to your share price overnight is one advantage for anyone going long, the way Oil has been extremely volatile with $3 swings who know about tomorrow, maybe traders will find one direction and stick with it. BTE closing was great adding to gains.
Wave Of Russian Infrastructure Attacks Force Ukraine To Restrict Electricity | OilPrice.com Ukraine Facing Nationwide Power Outages After Russian Strikes | OilPrice.com