Wheat, Oil Prices Swing on Russian Unrest

The video discusses the impact of recent events in Russia on the oil and wheat markets. Despite political turmoil, Russia continues to maintain its oil production and exports, particularly to Asia. The video also highlights the sensitivity of the wheat market to political risks, given Russia's significant role as a wheat exporter. The market reaction remains muted, reflecting the ongoing flow of commodities from Russia.

What impact does the political situation in Russia have on the global oil market?

How has Russia managed to maintain its oil production despite the war in Ukraine?

What factors contribute to the overall supply balance in the oil market?

What are the potential risks to wheat exports from Russia due to political turmoil?

In what ways does the situation in Ukraine affect the wheat market?