Mike Mcglone is who you should be listening to, he does not have an agenda. remeber the nutter and his call for $100 oil never happened, then he still calls for $100 oil after opec cuts still never happened. i heard some B.S. from him today like rusian production cuts, not true they are increasing production.
Russia’s oil exports have bounced back to levels last seen before it invaded Ukraine, despite a barrage of Western sanctions.
Moscow’s exports of crude oil and oil products rose in March to their highest level since April 2020, jumping by 600,000 barrels a day, the International Energy Agency (IEA) said in its monthly oil report Friday. The rise lifted Russia’s estimated revenue from oil exports to $12.7 billion last month.