Will Russia-Ukraine peace deal stabilise oil prices, flows?

Investors and energy market analysts are closely monitoring the progress of peace talks between the United States, Russia, and Ukraine, initiated by President Donald Trump. The potential peace deal is expected to ease sanctions that have disrupted global oil supply flows, potentially stabilizing oil prices in the market. Kola Karim, CEO of Shoreline Group, shared his insights on the ongoing discussions and their impact on the energy sector during a recent CNBC Africa interview. According to Karim, the current global political landscape is experiencing a significant shift, with the change in leadership in the United States and the evolving dynamics of international relations playing a crucial role in shaping energy policies. While there is optimism surrounding the potential peace deal, Karim emphasized the need for additional focus and investment in Russia to revive and stabilize its oil production. The CEO highlighted the importance of understanding the complexities of the energy market, including the time required for new production to come online and the impact of retaliatory tariffs on global oil prices. Karim also discussed the role of the Dangote refinery in Nigeria and its influence on the global oil market. The refinery's increased production volumes are expected to lower oil prices, particularly in the European region, as it competes with traditional oil producers. Karim pointed out that Dangote's strategic positioning and quick delivery capabilities give it a competitive edge in the market, making it a key player in the evolving oil industry landscape. As Saudi Arabia ramps up its refinery operations and OPEC predicts lower oil prices from Dangote refinery, market analysts are closely monitoring the developments to gauge their impact on global oil prices and supply flows. With Iran, Libya, and Nigeria facing production challenges, the energy market remains dynamic and sensitive to geopolitical shifts and emerging trends. The future stability of oil prices hinges on a delicate balance between supply dynamics, global demand, and geopolitical developments, making it essential for market players to stay vigilant and adaptable to changing market conditions.