CNN New Day Weekend With Christi Paul and Boris Sanchez March 19, 2022 11:36:00
Invading ukraine and markets are disruptive, i don't see prices go down. the risks are they go higher. the potential for additional sanctions and businesses pulling back means that we could see further disruptions to oil supply. i think people should expect to see $4.25, $4.50 for the foreseeable future. >> how much higher do you think they could go? >> well, you know, you can construct dark scenarios. if all 5 million barrels of russian oil exports are disrupted, that can't be filled by other sources of supply any time soon. thus prices will go skyward. if you were tell me we would be at $5, ...