Goldman Sachs on the weekend's coup attempt in Russia, impact on oil pricing

<p>A snippet from Goldman Sachs on the crude impact of the bumbling cpoup attempt in Russia over the weekend:</p><ul><li>likely immediate effect of mutiny will be on future crude oil pricing, not spot prices</li><li>“Markets may price a moderately higher probability that domestic volatility in Russia leads to supply disruptions or has a sizable negative impact on oil supply at some point in the future” </li></ul><p>Oil price update:</p><p>—</p><p>ICYMI from the weekend:</p><ul><li><a href="https://www.forexlive.com/news/prigozhin-to-leave-for-belarus-case-against-him-to-be-dropped-20230624/" target="_self" rel="follow">Prigozhin to leave for Belarus, case against him to be dropped</a></li><li><a href="https://www.forexlive.com/news/prigozhin-says-convoys-returning-to-bases-20230624/" target="_self" rel="follow">Prigozhin says convoys returning to bases</a></li><li><a href="https://www.forexlive.com/news/a-full-scale-mutiny-is-under-way-in-russia-20230624/" target="_self" rel="follow">A full-scale mutiny is under way in Russia</a></li><li><a href="https://www.forexlive.com/news/russia-accuses-wagner-boss-of-armed-mutiny-tanks-in-the-streets-in-moscow-20230623/" target="_self" rel="follow">Russia accuses Wagner boss of armed mutiny. Tanks in the streets in Moscow</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *