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University of California Haas School of Business: Small Actions Matter for Reducing Oil Consumption
March 29, 2022
BERKELEY, California, March 29 (TNSRes) -- The University of California Haas School of Business issued the following news release:

With or without formal sanctions, oil buyers are shunning Russian crude, unwilling to buy from Russia even at a considerable discount. Russia is the world's second biggest oil exporter, so any change in Russian production is a major disruption to the global crude oil market.

As a result, crude oil prices are above $110 per barrel, almos . . .

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