Money
Gunvor Chief Predicts Volatile Oil Market Ahead
The head of Gunvor, a leading crude trader, has indicated that the oil markets could experience significant fluctuations in the coming months, particularly from April to June.
Editorial Staff
1 min read
Updated about 6 hours ago
Summary
The chief of Gunvor, recognized as the world's fourth-largest independent crude trader, has issued a warning about potential volatility in oil prices.
According to the trader, the market may face considerable turbulence, which he describes as 'very choppy' during the months of April through June.
This forecast suggests that stakeholders in the oil industry should prepare for unpredictable price movements in the near future.
Key Facts
| Fact | Value |
|---|---|
| Source | Financial Times |
| Published Date | 2026-04-20 |
Updates
- No subsequent updates recorded.
Sources
- Financial Times: https://www.ft.com/content/70b0ecee-7cc8-4257-be44-104460a84632