Ceasefire collapse swings oil market from surplus fears to near-term panic: Saxo Bank
Seeking Alpha ·
Brent ( CO1:COM ) crude has jumped more than 9% since Monday, rising back towards $79 per barrel as renewed U.S.-Iran tensions revived supply concerns and forced a rethink among hedge funds that had recently cut bullish exposure to near-historic lows, Saxo Bank's head of
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