Sen: Oil moves look muted because oversupply is still the dominant market theme

We're looking at the moves on oil right now. So, we're also seeing some new reports crossing the wire about the possibility of sanctions on Russian oil if Putin uh doesn't agree to Ukraine peace deal. It seems like oil prices moved maybe a half a percent, maybe even a full percent higher after that news broke.How much disruption are we seeing in the oil market this morning. Yesterday, we seem to be worried about uh over supply. This morning, how materially has this changed.I'd say look ultimately if you thi ...