Yahoo Finance published this video item, entitled “Oil: ‘We’re looking at structurally higher prices’ due to Russia-Ukraine war, analyst says” – below is their description.
#Oilprices #RussiaUkraine #OPEC #YahooFinance
Vectis Energy Partners Principal Tamar Essner joins Yahoo Finance Live to talk about oil prices rising over Russia-Ukraine and OPEC supply concerns, global oil and natural gas supply forecasts for the decade, and the difficulties in processing and exporting oil.
Yahoo Finance YouTube Channel
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Russia, or the Russian Federation, is a transcontinental country located in Eastern Europe and Northern Asia. It extends from the Baltic Sea in the west to the Pacific Ocean in the east, and from the Arctic Ocean in the north to the Black Sea and the Caspian Sea in the south.
Russia spans more than one-eighth of the Earth’s inhabited land area, stretching eleven time zones, and bordering 16 sovereign nations. Moscow is the country’s capital.
The Soviet Union was dissolved in 1991 and since 1993 Russia been governed as a federal semi-presidential republic. Russia is a major great power, with the world’s second-most powerful military, and the fourth-highest military expenditure. As a recognised nuclear-weapon state, the country possesses the world’s largest stockpile of nuclear weapons.
Ukraine is a large country in Eastern Europe known for its Orthodox churches, Black Sea coastline and forested mountains. Its capital, Kiev, features the gold-domed St. Sophia’s Cathedral, with 11th-century mosaics and frescoes. Overlooking the Dnieper River is the Kiev Pechersk Lavra monastery complex, a Christian pilgrimage site housing Scythian tomb relics and catacombs containing mummified Orthodox monks.