Viktor Katona of Kpler discusses why oil prices are trading at 1-year lows, even amid ongoing supply issues, and the loosening of more COVID restrictions in China, the world’s largest oil importer. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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11 Comments
Proof oil doesn't trade on supply demand fundamentals. If only users of oil were allowed to trade oil it would be even lower
The world is called petro dollar and capitalism looks to consume much of the resources very soon,there will be scarcity of resources and capitalism will come conflict with majority
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Oil spills rock.
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An Oil price cap 😅🤣😂😅🤣😂😅🤣😂
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India?? How much oil are the Europeans buying from Russia?? Price cap is NOT a ban. I repeat price cap (preferred pricing) is NOT A BAN. I know you guys at CNBC at smarter than this…