In a breaking news market update sent to Rigzone last week by the Rystad team, León said the energy market implications of a Ukraine-Russia ceasefire could be huge. He highlighted in that update, however, that it is “still early in the process”.
In a market analysis sent to Rigzone this morning, Konstantinos Chrysikos, Head of Customer Relationship Management at Kudotrade, said gold prices “hit another record high as heightened geopolitical tensions increased safe-haven demand”.