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Commodity traders profit from crisis, but fear turbulence
22 Apr
Summary
- Commodity traders profit handsomely from current global energy crisis.
- Crisis disruptions may leave lasting scars on energy markets until 2030.
- Asia faces a severe energy crisis with high diesel prices and shortages.
Commodity traders are capitalizing on the current global energy crisis, reporting substantial profits. Despite their financial gains, industry leaders acknowledge the extreme turbulence and dangerous nature of these times, with some describing it as the biggest energy crisis they have witnessed.
The disruptions stemming from the crisis are predicted to have long-term consequences, potentially leaving scars on energy markets that could persist until 2030. This outlook suggests a prolonged period of adjustment and recalibration for global energy supplies and demand.
