 Sees huge underinvestment in oil industry globallyEU embargo could lead to price jump in oil products in EuropeNo surprises to see Russia sticking to its guns but Novak isnt entirely wrong. At the end of the day, the market is a function of supply and demand so while price caps are seemingly working to alleviate pressures on consumption, a boost in demand will keep prices underpinned indirectly. This article... 