Oz Blog News Commentary

Russian oil floods EMs

July 1, 2022 - 13:30 -- Admin

As we keep saying, commodity supply-side adjustments are wildly dynamic and take manifold forms. The current energy shock will work itself through in a few years. In the shorter term, I am of the view that oil will need to fall a lot more than the low-$100s to placate the Fed and recession will do

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