🔴 Breaking News 10h ago · Yongchang Chin, Lucia Kassai, Bill Lehane, Grant Smith

The Oil Market Is in the Grip of a Panicked Race for Barrels

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The Oil Market Is in the Grip of a Panicked Race for Barrels
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While investors focused on the fragile Iranian ceasefire this week, a desperate scramble for cargoes has been playing out in the oil market, as traders and refiners scour the globe for immediately available supplies.

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