Oil traders: June decisive for oil and bunker prices

Two events which are heavily influencing oil and bunker prices take place in June. The next parliamentary election in Greece and an – expected – second meeting between the US and Iran on the nuclear programme.

Photo: Casper Dalhoff

According to the oil traders in Global Risk Management, the next month will see events capable of having a decisive influence on oil and bunker prices. These events or game changers are the US-Iran crisis and the second Greek parliamentary election on 17 June; both events are capable of having a very important influence on the price level in the short as well as the long term.

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