No sign of major crude oil price decline any time soon
RASHID HUSAIN SYED: Bullish pressure on crude oil markets doesn’t seem to be easing
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Author: Rashid Husain Syed
India undermining America’s ban on Russian oil
RASHID HUSAIN SYED: A significant share of Russian crude oil is being re-exported to America and Europe through refineries in India
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No end in sight for soaring oil prices
RASHID HUSAIN SYED: The best bet remains to bring sanctioned Iranian oil back to the market. Iran has already raised oil exports this year
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Punishing Russia has upended global economics
RASHID HUSAIN SYED: The world would have been in a comfort zone had oil stayed in the US$70 range. That range would also have meant lower Russian oil revenues
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Saudis using oil market leverage to their advantage
RASHID HUSAIN SYED: The Saudi policy of strengthening ties with Russia and China has helped increase pressure on Biden. The U.S. seems likely to cave in
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