Don't Count On OPEC To Bring Oil Prices Down
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The crisis in Ukraine has dominated the media space for weeks now, with a special focus on potential energy supply disruptions should the invasion scenario the U.S. and Western Europe have been talking about since October materialize. As it became clear early on Thursday morning, the fears that Russia could attack Ukraine were not unfounded. Vladimir Putin's order to deploy troops in the two eastern breakaway regions of Lugansk and Donetsk had already pushed Brent and West Texas Intermediate higher. On Thursday morning after reports of Russia's…
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