Russia's Crude Exports Fairly Stable Despite U.S. Sanctions, Goldman Says
Energy
Goldman Sachs reports that U.S. sanctions have not significantly impacted Russia's crude oil exports, keeping global supply more stable than previously feared. This resilience in Russian supply removes a key upside catalyst for crude prices and points to potential price weakness.
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↓ SHORT-5% target+3% stop2-4 weeks
Short crude oil via USO as stable Russian exports cap the geopolitical risk premium.