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MacroVoices #357 Darius Dale: The Recession is Coming But Not Until the Second Half
Macro Voices
The World Cannot Live Without Russian Oil for Any Reason
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This is what was intended when they made the decision to reopen their economy, relax the zero COVID restrictions and allow this to burn through. I still hold the view that 2023 is likely to be a significant up here for crude oil. We are eventually going to press up against limitations of supply and we don't have any spare capacity or inventory to buffer it.
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