EU Russian Oil Embargo Supersedes Price Cap: Amrita Sen

The video discusses the current state of the oil market, focusing on price action and market sentiment. It highlights the confusion surrounding the price cap on Russian oil and the EU's embargo. The discussion includes the impact of refinery outages and the potential market reactions to these developments. The video also clarifies the price cap mechanism and its acceptance by different countries.

What expectations do market analysts have regarding crude oil prices after the embargo takes effect?

In what ways could the acceptance of the price cap by other countries impact Russian oil sales?