Oil price back below $90 again and drifting lower still
Oil Nymex ($US/b) 89.41 -2.68 -2.9%
Not figures Putin will be happy to see .
We had trolls predicting the price would sky rocket because the world NEEDED Russian oil ....seems not !
In the early days of the war it was $50 higher than this .
So this is the pressure Putin has medium- to long term .
High cost of the war +the normal cost of running the country with severely declining revenue .
Not that I expect trolls to recognise or understand this considering their ridiculous predictions of the past .
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