Despite reports from the IEA and OPEC that emphasized a decline in oil demand, oil prices jumped on Friday due to fears of Europe implementing a Russian oil ban. Oilprice Alert: This week’s Global Energy Alert breaks down Russia’s latest strategy in Ukraine – namely its attempt to replicate its annexation of Crimea. Also, if you join Global Energy Alert today you will receive our 20-page research report ”5 Ways To Play The 2022 Oil Boom” Friday, May 13th, 2022 Falling demand has been the news of the week for oil markets, with several reports (most notably from the IEA and OPEC) slashing 2022 demand forecasts as soaring inflation and supply chain disruptions take their toll. Meanwhile, neither the EU oil ban on Russia nor China’s Covid lockdowns provided any new developments – both of which will continue to hang over oil markets in the coming days. Saudi Aramco […]