SERENE C, SHARON C, SHERRY S, BILL LEHANE & SHEELA TOBBEN

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Industry News

Physical oil prices are surging worldwide, but can it last?
Physical oil prices are surging worldwide, but can it last?

From the Middle East to Siberia, the North Sea down to Latin America, the prices of physical cargoes of crude oil are rallying hard almost everywhere, underpinning a surge in headline futures markets. Now, though, attention is turning toward just how sustainable the recovery will really be.

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