| With mounting tensions between Russia and Ukraine, most analysts fear a rise in crude oil prices. But Mark Keenan, Head of Commodities Research - Asia, Societe Generale does not agree with the popular perception. He is not expecting an escalation in crude prices because of unrest in Ukraine.
Keenan argues the initial concerns and fears were a function of risks to crude oil moving out of the Black Sea region. But according to later research, it is in everyone’s interest - especially Russia - to ensure that crude oil continues to flow out of the region. He is infact more concerned about other commodities like natural gas where a lot of the supply out of Russia moves through Ukraine to Europe. ..............................................Full Article: Source
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