While lockdowns in China are causing significant demand destruction and adding downward pressure to oil prices, the EU’s threat to ban Russian oil imports has the potential to send prices significantly higher. Oilprice Alert: Our trading specialists have just released a special report on how to play today’s boom in oil prices. The current run-up in commodity prices has created a generational opportunity in the energy markets. Join Global Energy Alert today and receive our 20-page research report ”5 Ways To Play The 2022 Oil Boom” Friday, April 15, 2022 China’s descent into an almost nationwide COVID lockdown has triggered the first large-scale demand roadblock of 2022, with some 45 cities accounting for 40% of the country’s economic output being under some form of mobility curtailment. On the other hand, the European Union continues to mull banning Russian oil imports, pushing up the Brent complex even higher compared to […]