Oil is acting irrationally at the moment It's become a fear gauge ,lol , like the VIX .For perspective Russia accounts for 7% of global oil . Europe certainly in harm's way here , they fucked up and allowed herself to become energy dependant on a mad man . No one will pay more dearly than Ukrainians who lost loved ones. Secondly is Russia ,no doubt
UAE and the Saudis ignoring USA's calls ? Lol . Milk that $125 oil . Leverage severely on their side . USA talking to Venezuela ? ..while Keystone stays dead for good . Truly crazy world we live in.