Oil Traders Are Cashing In On Volatile Markets ...Middle East

OILPRICE - Economy
Oil Traders Are Cashing In On Volatile Markets
source : OILPRICE ( Middle East ) () 34
The world’s commodity and oil traders are playing a crucial role in securing supplies amid a global energy crisis and disrupted trade flows following Russia’s invasion of Ukraine. Last week, the world’s biggest oil and gas traders met in Singapore for one of their industry's top conferences. The war in Ukraine has been a double-edged sword for these traders who historically have been leading shippers of Russian oil. On one hand, they have benefited from being able to buy Russian oil at a big discount but on the other hand, the…

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