Oil Prices Underestimate Russia Sanctions Impact, Total CEO Says

Oil markets are underestimating the impact of the latest round of sanctions on Russia, which are starting to affect flows, the boss of Europe’s largest refiner said.

By Francois de Beaupuy, Alex Longley · Bloomberg Markets

Oil markets are underestimating the impact of the latest round of sanctions on Russia, which are starting to affect flows, the boss of Europe’s largest refiner said.