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Tag: Hormuz

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Business

Trader’s view: What’s next as oil whipsaws after a $120 surge?

Oil markets are reassessing the geopolitical risk premium after Brent surged to nearly $120 before falling, writes Sasha Foss, Energy Analyst at CSC Commodities, a division of Marex The post Trader’s view: What’s next as oil whipsaws after a $120 surge? appeared first on Gulf Business.

Mahdeehassan | | 3 mins read

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Business

Report: Oil spikes as Hormuz disruption rattles global markets

Despite the geopolitical spike, Sasha Foss, energy analyst at Marex, notes that global supply fundamentals remain relatively balanced, with increased output from Venezuela, Guyana, the US, Canada, Argentina and Brazil providing a buffer The post Report: Oil spikes as Hormuz disruption rattles global markets appeared first on Gulf Business.

Editorial Team | | 3 mins read

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