ENB Publishers Note: On 2-26-2022 Bloomberg published- “JP Morgan will hit $120 in Q2” – ENB had projected $120 those numbers in Q4 2021 as the geopolitical, supply and demand, and world producers announced their country’s budgets for 2022. A key data point was that Saudi Arabia and Russia published budgets last year for 2022 through 2023 years supporting $120 to $135 even without a full invasion. Both need higher energy export numbers to make their GDP forecasts.
The Vanda Insights CEO & Founder discusses the outlook for energy markets alongside the impact of Russia-Ukraine tensions. Vandana Hari speaks with Rishaad Salamat and Haslinda Amin on “Bloomberg Markets Asia”. (Source: Bloomberg)