Vegoils News & Sunseed, Sunoil: Russian/Ukrainian war | Report

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Russian/ukrainian war: Today is 96th day and russian/ukranian tension/war is, unfortunately, still really so crucial/worrisome. Today and soon will be also so important to follow the developments ( hope and pray that this nuisance war will be over asap ) and reflections to our markets. Humanitarian food vessel corridor for ukraine ???

Petrol: by fday, petrol was further soared ( 2-month high ) with technical correction, lower weekly us crude stockpiles, easing chinese lockdowns, global tightness, geopolitical risks ( ru/ukr war foremost ) albeit higher venezuelan output hopes and global growth/demand/inflation concerns. Today, further ups are likely as around 116.50 $/barrel for brent.

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