Jeff Bezos might want to start accepting packages on his 417-foot superyacht as it’s becoming increasingly clear the ship isn’t much good for transporting the ultra-wealthy into the most luxurious ports. Pictures and live data show the Amazon founder has had to park his ship next to an oil tanker as it lingers in a…
Hey there market people. Phil Rosen here.
I spent much of yesterday parsing through pages of data on where Russian oil is heading and how much buyers are paying for barrels.
The clearest takeaway is that the West's sanctions do in fact seem to be taking a toll as intended — Moscow's export revenues are down, but plenty of oil remains available as far as global supplies.