There can be little wonder that oil prices have ground themselves into the doldrums for even the most pressing of geopolitical drivers is showing duplicity.
The month of February is turning out to be an ominous period in the history of modern Ukraine. It was on February 27, 2014, when Russia annexed Crimea only to launch a full-scale war against its western neighbour on February 24, 2022, in the name of national security.
The drivers of oil price are largely unchanged and rehearsed on a daily basis as the market tries in vain to find a breakout of this, albeit a lately higher grinding crude, constraining range.
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