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Commodities today: Geopolitics pushing energy names higher

Posted on 04 April 2014

Russia continues to use their natural gas to bully Ukraine, and this has to worry the rest of Europe, especially Western Europe, which has shied away from developing their own production to instead rely on Russian natural gas delivered over pipelines. Pipelines which travel through the Ukraine and could be cut off due to tensions.
We are not trying to be alarmists here, but these are important facts to understand in this high-stakes game of chicken. With Russia raising natural gas prices for Ukraine, we could see the situation escalate, as it has in the past, with supplies to Europe basically cut off………………………………Full Article: Source


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VRS - who has written 40685 posts on Opalesque Commodities Briefing.


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