New Russia sanctions: Oil prices are too low?

The first round of western sanctions against Russian oil exports has hurt the West more than Russia. But the US and its allies have not given up. On December 5, they will be implementing new and more extreme sanctions. Will these new sanctions be more successful? How will Russia respond? What about China, India, and Saudi Arabia? After a 40% drop from the high of the year, where is oil price heading? Should you be buying or selling oil right now? A former top-ranked Wall Street global macro strategist tells it as it is. You may not agree with everything he says but he will make you reassess everything you thought you knew.

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