Oil: Geopolitical risks ‘elevated prices a little bit more,’ strategist says

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Yahoo Finance published this video item, entitled “Oil: Geopolitical risks ‘elevated prices a little bit more,’ strategist says” – below is their description.

#Oil #Market

Yahoo Finance’s Emily McCormick speaks with Tortoise Portfolio Manager Rob Thummel to discuss oil price outlook, geopolitical tensions between Russia and the UAE, buying exposure through pipelines, the energy sector, and how oil supplies are trying to keep up with demands.

Yahoo Finance YouTube Channel

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In This Story: Russia

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.

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