Gunvor is exploring additional U.S. oil and gas investments, shifting its focus toward natural gas after abandoning a bid for Lukoil’s foreign assets. The trader, which already has more than $4 billion invested in the U.S., holds a major stake in Flywheel Energy and sees growing demand from data centers and new LNG plants. Analysts expect oil prices to soften next year even as natural gas demand rises.
Be the first to comment