Crystol Energy is quoted in this Bloomberg article on the impact of the Russia-Ukraine crisis on oil.
According to Dr Carole Nakhle, CEO of Crystol Energy, if there’s further escalation, it’s possible that OPEC increases production. If the alliance thinks this will threaten the stability of oil markets, they will put more barrels on the market. It would probably be down to the likes of Saudi Arabia and the United Arab Emirates to boost supplies because many of the group’s other members would struggle.
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