Major Oil Trader Warns of Months of Price Volatility Amid Geopolitical Tensions

Fluctuating oil prices are driving significant speculation in the market, offering private investors opportunities for substantial gains but also posing risks of considerable losses. The world's biggest physical oil trader has now warned of months of continued price volatility, citing Middle East turbulence and seasonal demand.

21 Apr, 01:45 — 21 Apr, 01:45

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zerohedgeLow1d ago

World's Biggest Physical Oil Trader Warns Of Months Of Price Volatility

World's Biggest Physical Oil Trader Warns Of Months Of Price Volatility By Michael Kern of OilPrice.com Seasonally lower demand ahead of the peak summer driving season and the continued turbulence in the Middle East could extend the violent oil price swings for months ahead, the top executive of oil trader Gunvor has told the Financial Times. “It is a little bit of a more challenging, softer period that we need to be careful of,” Gary Pedersen, chairman and CEO of Gunvor Group, ...

By Tyler Durden

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First report: faz · 20 Apr, 14:55|Full coverage: 2 · 11h|Window: 11h

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faz20 Apr, 14:55First to report

Rege Zockerei: 80 Prozent Gewinn mit Öl an einem Tag

11h later

zerohedge21 Apr, 01:45Latest update

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Major Oil Trader Warns of Months of Price Volatility Amid Geopolitical Tensions

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World's Biggest Physical Oil Trader Warns Of Months Of Price Volatility

Coverage Timeline

Rege Zockerei: 80 Prozent Gewinn mit Öl an einem Tag

World's Biggest Physical Oil Trader Warns Of Months Of Price Volatility

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