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المشهد العربي
Oil traders shift to short-term deals
Oil traders are shifting their focus toward short-term contracts due to the prevailing uncertainty caused by the conflict in the Middle East and the Ukraine war, as well as the impact of crude price fluctuations. Currently, investors are relying on a timeframe of three to six months, with liquidity in long-term contracts diminishing, as Brent crude prices have swung between $60 and $126 per barrel throughout the year due to various geopolitical developments.
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