CL2204 (Light Crude Oil - Apr 2022)
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avatarKYHBKO
2022-03-03
With the Russian-Ukraine conflict, let us look at the impact on the markets and identify opportunities for some trades.With Russia and Ukraine combined for exporting 30% of the global wheat supply, it is no surprise that the price of wheat has hit record prices.  Looking at the major export items from Russia, we can also identify the various commodities that are likely to be affected in the coming months.  It may be worth our time to explore some of these for short duration trade, especially for palladium, platinum and other food produce.We can expect energy prices to rise as Russia is one of the biggest suppliers of oil and natural gases to Europe.  Once the conflict has been resolved, we can expect the prices to stabilize.