Physical Oil Prices Diverge Sharply From Futures | World Business Watch | WION Shane Doan [j3HyFWIa3u8]

The global oil market is facing a severe supply crunch. In the physical crude market, the stress is already visible. In the North Sea, a key global benchmark, traders placed 40 bids for cargoes this week, but only four found sellers, highlighting the shortage of available supply.

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