I do not quite understand the

2022-07-02

I do not quite understand the author explanation. I think Russia will keep pumping even more oil to sell to its friendly nations. China is its "friend with no limits", India is buying more and more, Sri Lanka is begging Russia to sell, other nations is busy negotiating with Russia for purchase. Russia is selling at discounts from market prices. Those countries who purchase it keep smiling non-stop.Very troublesome indeed 🤔🤔🤔🤔

JPMorgan Sees "Stratospheric" $380 Oil on Worst-Case Russian Cut

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Comments

Bonta
2022-07-02
Bonta
Unlikely to reach $380… will trigger depression instead of recession…
Maria_yy
2022-07-03
Maria_yy
Thanks for your excellent post.
Joelchua
2022-07-02
Joelchua
Great perspective
Dynamism
2022-07-02
Dynamism
it doesn't sound feasible
Prosperous40
2022-07-02
Prosperous40
Ok
zzgundam
2022-07-02
zzgundam
ok

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Russia is selling at discounts from market prices. Those countries who purchase it keep smiling non-stop.Very troublesome indeed 🤔🤔🤔🤔</p></body></html>","htmlText":"<html><head></head><body><p>I do not quite understand the author explanation. I think Russia will keep pumping even more oil to sell to its friendly nations. China is its \"friend with no limits\", India is buying more and more, Sri Lanka is begging Russia to sell, other nations is busy negotiating with Russia for purchase. Russia is selling at discounts from market prices. Those countries who purchase it keep smiling non-stop.Very troublesome indeed 🤔🤔🤔🤔</p></body></html>","text":"I do not quite understand the author explanation. I think Russia will keep pumping even more oil to sell to its friendly nations. China is its \"friend with no limits\", India is buying more and more, Sri Lanka is begging Russia to sell, other nations is busy negotiating with Russia for purchase. Russia is selling at discounts from market prices. Those countries who purchase it keep smiling non-stop.Very troublesome indeed 🤔🤔🤔🤔","highlighted":2,"essential":1,"paper":1,"likeSize":21,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9044213674","repostId":2248477428,"repostType":4,"repost":{"id":"2248477428","kind":"highlight","pubTimestamp":1656726039,"share":"https://www.laohu8.com/m/news/2248477428?lang=&edition=full","pubTime":"2022-07-02 09:40","market":"sg","language":"en","title":"JPMorgan Sees \"Stratospheric\" $380 Oil on Worst-Case Russian Cut","url":"https://stock-news.laohu8.com/highlight/detail?id=2248477428","media":"Bloomberg","summary":"Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Ru","content":"<html><head></head><body><p>Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase &amp; Co. analysts warned.</p><p>The Group of Seven nations are hammering out a complicated mechanism to cap the price fetched by Russian oil in a bid to tighten the screws on Vladimir Putin’s war machine in Ukraine. But given Moscow’s robust fiscal position, the nation can afford to slash daily crude production by 5 million barrels without excessively damaging the economy, JPMorgan analysts including Natasha Kaneva wrote in a note to clients.</p><p>For much of the rest of the world, however, the results could be disastrous. A 3 million-barrel cut to daily supplies would push benchmark London crude prices to $190, while the worst-case scenario of 5 million could mean “stratospheric” $380 crude, the analysts wrote.</p><p>“The most obvious and likely risk with a price cap is that Russia might chose not to participate and instead retaliate by reducing exports,” the analysts wrote. “It is likely that the government could retaliate by cutting output as a way to inflict pain on the West. The tightness of the global oil market is on Russia’s side.”</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan Sees \"Stratospheric\" $380 Oil on Worst-Case Russian Cut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan Sees \"Stratospheric\" $380 Oil on Worst-Case Russian Cut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-02 09:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/jpmorgan-sees-stratospheric-380-oil-195936502.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase & Co. analysts warned.The Group of ...</p>\n\n<a href=\"https://finance.yahoo.com/news/jpmorgan-sees-stratospheric-380-oil-195936502.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/jpmorgan-sees-stratospheric-380-oil-195936502.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2248477428","content_text":"Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase & Co. analysts warned.The Group of Seven nations are hammering out a complicated mechanism to cap the price fetched by Russian oil in a bid to tighten the screws on Vladimir Putin’s war machine in Ukraine. But given Moscow’s robust fiscal position, the nation can afford to slash daily crude production by 5 million barrels without excessively damaging the economy, JPMorgan analysts including Natasha Kaneva wrote in a note to clients.For much of the rest of the world, however, the results could be disastrous. A 3 million-barrel cut to daily supplies would push benchmark London crude prices to $190, while the worst-case scenario of 5 million could mean “stratospheric” $380 crude, the analysts wrote.“The most obvious and likely risk with a price cap is that Russia might chose not to participate and instead retaliate by reducing exports,” the analysts wrote. “It is likely that the government could retaliate by cutting output as a way to inflict pain on the West. 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recession…","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102670594,"commentId":"102670594","gmtCreate":1656859743970,"gmtModify":1663253326630,"authorId":9000000000000478,"author":{"id":9000000000000478,"idStr":"9000000000000478","authorId":9000000000000478,"name":"Maria_yy","avatar":"https://static.tigerbbs.com/168415c8fa94e7b14ffb415e8098eac9","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9044213674,"objectIdStr":"9044213674","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Thanks for your excellent post.","text":"Thanks for your excellent post.","html":"Thanks for your excellent post.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102652851,"commentId":"102652851","gmtCreate":1656768524164,"gmtModify":1663253252841,"authorId":3573623922395080,"author":{"id":3573623922395080,"idStr":"3573623922395080","authorId":3573623922395080,"name":"Joelchua","avatar":"https://static.tigerbbs.com/86d144e798e3c2296cff8b32230b3be8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9044213674,"objectIdStr":"9044213674","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Great perspective ","text":"Great perspective ","html":"Great perspective ","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102652850,"commentId":"102652850","gmtCreate":1656768520989,"gmtModify":1663253251725,"authorId":3556144692243777,"author":{"id":3556144692243777,"idStr":"3556144692243777","authorId":3556144692243777,"name":"Dynamism","avatar":"https://static.tigerbbs.com/db9d6b46a7676559e8a7f6dec3c91c10","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9044213674,"objectIdStr":"9044213674","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"it doesn't sound <u>feasible</u>","text":"it doesn't sound <u>feasible</u>","html":"it doesn't sound <u>feasible</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102652881,"commentId":"102652881","gmtCreate":1656768744969,"gmtModify":1663253257136,"authorId":4099051983685000,"author":{"id":4099051983685000,"idStr":"4099051983685000","authorId":4099051983685000,"name":"Prosperous40","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9044213674,"objectIdStr":"9044213674","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Ok","text":"Ok","html":"Ok","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":102652865,"commentId":"102652865","gmtCreate":1656768619501,"gmtModify":1663253255334,"authorId":3581557670197158,"author":{"id":3581557670197158,"idStr":"3581557670197158","authorId":3581557670197158,"name":"zzgundam","avatar":"https://static.tigerbbs.com/72a957606426aa2583f4b054c436d6f8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9044213674,"objectIdStr":"9044213674","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"ok","text":"ok","html":"ok","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9044213674"}