Russia's Invasion on Ukraine to Have Adverse Effects on Oil Prices

As the situation between Russian and Ukraine worsens, the biggest issue on the table in the West right now is what type of consequences this was conflict was going to have on the oil prices.

Facts are that Russia happens to be one of the largest producers of oil in the world. It was stated in the 2021 BP Statistical Review of World Energy that Russia made a production 10.1 million barrels per day (BPD) of crude oil and natural gas co....