Analysts from J.P. Morgan Global Research take a closer look at the stories behind some of the biggest trends, themes and developments in markets today.
Episodes
Friday Jul 01, 2022
Friday Jul 01, 2022
Natasha Kaneva is joined by Anatoliy Shal, JPM’s Chief Russia Economist, to discuss the potential impact of the new set of goals set out by the G-7 to cut Moscow’s revenues. The G7 announced a potential cap on prices of Russian oil and an import ban of Russian gold. Given Russia’s strong fiscal position thanks to higher energy prices and lower imports in the wake of western sanctions, the country can cut up to 5 mbd of production without excessively hurting its economic interest, all the while driving global oil prices to stratospheric $380/bbl.
Speakers:
Natasha Kaneva, Head of Global Oil and Commodities Research
Anatoliy Shal, Chief Russia Economist
This podcast was recorded on July 1, 2022.
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