At a recent online forum on energy hosted by S&P Global Commodity Insights, Richard Murphy of Ion Commodities read through a litany of jolts to oil markets that have roiled both supply and demand for several years.
“Since 2020 we’ve lived in a world of massive disruptions, black swan-type events that happen multiple times a year, and these are inducing a lot of operational risks for people in oil markets,” Murphy said.
He ticked off some of the big ones: interruptions in the Suez Canal by 2021’s...
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