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FGE In the Media

Europe, Africa oil markets tighten, lending support to futures

Oil

Article by: Alex Lawler, Natalie Grover and Noah Browning - Reuters
Date Published: February 23, 2024
Who was cited: James Davis, Director of Short-Term Global Oil Service - FGE

Red Sea shipping delays and OPEC+ supply cuts are tightening physical oil markets in Europe and Africa as well as the Brent crude market structure, lending further support to oil futures prices, according to traders, LSEG data and analysts.

Read Article

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