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Oil's Next Move Hinges On Three Variables
The duration of the conflict may matter more than the conflict itself. JPMorgan estimates that every additional month of disruptions adds roughly $7–8/bbl to Brent.
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zerohedge.com
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Oil's Next Move Hinges On Three Variables
The duration of the conflict may matter more than the conflict itself. JPMorgan estimates that every additional month of disruptions adds roughly $7–8/bbl to Brent.
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"Why This Episode Is So Unusual": JPMorgan Calculates How Much Longer We Can Go Without Another Oil And Gas Price Surge
Each additional month adds roughly $7-8/bbl to Brent, lifting monthly average prices to around $114/bbl if disruptions extend to three months... In the previous round of…