Russia’s Economy Shrinks 2.7% Due To Western SanctionsGoldman: The Fed Is Approaching A “Critical Inflection Point”Biden Set To Support A Scaled-Down Oil Project In AlaskaU.S.
3 Trillion Wealth Fund Takes Profits From The Oil Stock RallyRBC: Oil Prices Will Only Go Higher From Here2 daysOPEC+ Closely Watches Chinese Factory DataFord Slashes Electric Vehicle PricesPutin, MBS Discuss Oil Strategy Ahead Of OPEC+ MeetingIndia Set To Crank Up Coal Power To Meet Soaring DemandBP Believes Oil Demand Will Peak Near 2030 As Shift To Renewables AcceleratesBaker Hughes Sent Oil And Gas Drilling Equipment To Russia From ScotlandU.S., EU Make $8.
The -2.7% is painful, but consider the 2022 predictions for Russia’s economy: Biden: GDP cut in half (March tweet) 4/22 IMF: -8.5% in 2022 & -2.3% in 2023. 4/22 World Bank: -11% Today the IMF predicts .3% GROWTH in 2023. It’s success for Russia, not the 13,000 sanctions