Topic - Jim Burkhard

“What happens in China will help shape whether the price cap has any teeth,” said Jim Burkhard, an oil markets analyst with IHS Markit.

Russia rejects $60-a-barrel cap on its oil, warns of cutoffs →

Burkhard said refineries in Europe could be pushed to temporarily increase production to pick up the slack, Burkhard said.

EXPLAINER: Suez Canal block could hit product supply chains →