The trader of Gunvor warned about threat of falling of price of oil to $71-72 for barrel

@Forbes
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Price rally in the oil market, proceeding since June, with a high probability will sputter out in the next half a year because of demand easing, Gunvor Group Ltd warned. According to its forecast, the price of Brent can fail to $71-72 for barrel Proceeding since the end of June of rally of prices of oil with a high probability will stop in the following half a year because of demand easing, the international Gunvor Group Ltd warns. About it writes information agency "Bloomberg". Economy of some countries Europe already is in recession, and, most likely, the economy of United States of America will follow them, the analyst of Gunvor Lasser Frederick notes. Except...
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Alexander Novak
Last position: Vice-chairman (Government of the Russian Federation)
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Lasser Frederick
Gunvor Group Ltd
Organizations
Trafigura Pte Ltd
Main activity:Metallurgy and metal processing
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LSE
Main activity:Finance
60
Brent
Products
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