Goldman Says Cheap Oil, High Freight Keeps Russian Crude Flowing

Contributing sentiments towards policy:

55% : Sweeping US sanctions on Russia's oil industry are unlikely to result in a "large hit" to production, as higher freight rates and the nation's cheap crude support the trade, according to Goldman Sachs Group Inc.Rising fees have encouraged non-sanctioned ships to move Russian crude, filling the gap left by blacklisted tankers, analysts including Callum Bruce wrote in a note dated Jan. 24.

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