OIL/USD

EU put a price cap on oil of 60 B.P. Demand is still on play + Opec is cutting 2 million barrels per day. What happens when the demand is high and supply is low? Price goes up. What happens after that? Possibly more conflict between nations. China is becoming less strict with their Zero Covx Policy. Production will keep moving.

This is just a prediction, trade at your own risk.