Is Putin Planning A Christmas Oil Suprise For The West? AIA Weekly Report 9-23-23

Oil inventories continue to decline. This is mainly due to the OPEC+ cuts. Some analysts say that draws from storage could be 3 million barrels per day in the fourth quarter.

Macrovoices podcast this week highlighted that Russia might be planning a surprise suspension of exports shortly to raise energy prices and force the US and EU/NATO to the negotiating table over Ukraine. Oil to $150/bbl?