1. Russia will cut export, but not production. This means the oil need to be stored somewhere. Fill up onshore tanks ? then floating storage ?
2. Read somewhere on Twitter that Russia can´t shut-in the oil wells in a proper way. There will be severe damage to the wells, and most likely the wells will be lost. Anybody familiar with this ?
A few questions:
1. Russia will cut export, but not production. This means the oil need to be stored somewhere. Fill up onshore tanks ? then floating storage ?
2. Read somewhere on Twitter that Russia can´t shut-in the oil wells in a proper way. There will be severe damage to the wells, and most likely the wells will be lost. Anybody familiar with this ?