Topic
us-crude
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Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)finance15 days agoDeveloping
Gunvor CEO Warns of Extended Oil Price Volatility Amid Market Challenges
The head of Gunvor Group, a major physical oil trader, stated that oil prices could remain volatile for months due to seasonal demand shifts and Middle East tensions. Physical crude supplies are tight following disruptions, including the closure of the Strait of Hormuz. Buyers ar…