If we stick around here for next 12 months , we are on our way to 5.5-6 .
Biden is making it harder for Trump to unravel the sanctions on Russian oil . Once he does it,they will call him a Russian asset.
Lol, one solution is he takes over Canada or maybe Venezuela (next Puerto Rico in South America) .
Lets see how this play out. Cheap Russian oil to India is gone .
Winner is ME allies to USA (Saudi/ UAE ) .
Saudis can open tanks as shale falls but they won't do it below 80 Brent to finance their mega projects NEOM.