BRENT CRUDE OIL FUNDAMENTAL BACKDROP
Brent crude oil prices are trading relatively flat this morning as the rumors around Russian missiles striking Poland is quickly dissipating. The consequence of such actions would have severely disrupted the supply-side should NATO nations have retaliated. On the contrary, Russian supply to Poland as stated by Transneft could be on the cards in future which goes against prior remarks by the Polish government to halt oil imports from Russia by the end of 2022.
