WoE: Western sanctions target price caps for Russian Oil

bne IntelliNews

The uncertainty by the war in Ukraine has driven up energy prices and allowed Russia to bring in record revenue from its Exports of Oil and Gas. Despite large discounts compared to Western benchmarks, export income has allowed the Ruble to appreciate and may help Moscow mitigate against some of the medium- to long-term effects of Western sanctions. YT: https://www.youtube.com/watch?v=yxp3_mgwsMQYT Ben Aris, Editor-in-chief, Bne Intellinews Ben is an Eastern Europe specialist. He previously worked with the Daily Telegraph, The Wall Street Journal and Euromoney before starting bne IntelliNews and covering EE and CEE. Christof Rühl - Senior Research Scholar, Center on Global Energy Policy, Columbia University, New York Christof Rühl is an internationally renowned economist, specializing in macroeconomics and energy economics. He has a succinct track record in business, economic policy adviceand academia, and is published and quoted widely in his fields. His most recent commercial expertise is in energy, specifically oil and gas, and in asset allocation, focussed on global macro and geopolitical trends. He combines more than 20 years of experience in senior positions in world class companies. Chris Weafer , CEO of Macro Advisory Christopher Weafer has worked in the Russia-Eurasia region for over twenty years and has been regularly voted the best business and investment strategist in polls conducted by Thomson Reuters Extol and Institutional Investor magazine