Gunvor Eyes Investment in U.S. Oil and Gas
Market Intelligence Analysis
AI-PoweredGunvor, a Swiss commodity trading major, is considering investments in the U.S. oil and gas space to improve its relationship with the Trump administration, following a previous bid for Lukoil's international business that was blocked by the U.S.
Market impact analysis based on bullish sentiment with 70% confidence.
Article Context
Swiss commodity trading major Gunvor is considering asset purchases in the U.S. oil and gas space, Reuters has reported, citing unnamed sources, in a bid to build a better relationship with the Trump administration. President Trump called Gunvor a “Russian puppet” after the Swiss company made a bid for the international business of Russian oil major Lukoil. The bid was worth $22 billion and there were no rivals but the U.S. sent a strong signal it would block the deal. Following that signal, Gunvor dropped its bid. Reports followed…
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