Oil Ends Down 7% on China Covid Scare
Germany’s Chancellor Olaf Scholz said earlier in the day that Europe’s largest economy might proceed this year itself with its cut off from Russian coal and oil, despite its heavy reliance on these.
"Russia is an important member (of OPEC+) and leaving the politics aside, this volume is needed today," Mazroui said in an interview with Asharq Business."Unless someone is willing to bring 10 million barrels a day to the table we don't see how one can substitute Russia."
https://sputniknews.com/20220328/oil-ends-down-7-on-china-covid-scare-1094274876.html