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Did oil prices plunge due to oversupply? Senior commodity analyst: The market is "scared".
①Currie said at the annual Asia-Pacific Petroleum Conference in Singapore that the market's concerns about oversupply were "completely exaggerated," and "in terms of oil, this year's production in the USA remained stable"; ②"The key issue is that the market has seriously overestimated the extent of oil supply glut, and the record short positions reflect this... I have never seen this situation before."
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Top global crude oil traders: As volatility decreases, the prosperous era of the market will come to an end.
As the impact of major market events in the past few years gradually fades, top global csi commodity equity index traders are striving to cope with a more challenging crude oil trade environment.
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