Technical & Fundamental Oil Reports Specialists

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Think Cold World rather than Cold War

Published Thursday, March 6th, 2014

The Phony War continues and there is not much more to be said that we are not all well aware of.  Everybody is in a bit of a hole. Putin cannot withdraw his troops to barracks. It is particularly difficult to achieve when you deny that the troops concerned belong to you. I guess the old adage that if it speaks Russian, looks Russian, carries Russian military hardware and drives vehicles with Russian number plates then it probably is Russian holds true. But let’s not underestimate the ability of diplomats to use the denial and accept that it was “local self-defense forces” as an unconvincing way out of the impasse.

To read the rest of the report, please click here 

Posted by David Hufton