The Ukraine conflict is nowhere near resolution and looks set to continue for some time. Russia’s energy supplies are very much at risk, either due to being withheld by Russia as a weapon or swiped off the market due to sanctions. That’s what Rystad Energy’s senior oil market analyst Louise Dickson said in a statement sent to Rigzone late Monday, adding that oil prices climbed higher yesterday as the Ukraine conflict is “nowhere near” resolution and looks set to continue for some time. “Even with Russian and Ukrainian factions meeting at the border to discuss a military ceasefire, the fragile situation in Ukraine, and financial and energy sanctions against Russia, will keep the energy crisis stoked and oil well above $100 per barrel in the near-term and even higher if the conflict escalates further,” Dickson said in the statement. “ The supply risk continues to drive the bullish trajectory […]