CERAWEEK -Gunvor CEO says oil market stabilising, Russian price cap effective
The oil market has stabilised because the worst fears about shortages of crude, gas and fuel in the wake of Russia's invasion of Ukraine did not come to pass, Gunvor Chief Executive Torbjorn Tornqvist said on Monday.
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### Instruction: CERAWEEK -Gunvor CEO says oil market stabilising, Russian price cap effective

### Response: The oil market has stabilised because the worst fears about shortages of crude, gas and fuel in the wake of Russia's invasion of Ukraine did not come to pass, Gunvor Chief Executive Torbjorn Tornqvist said on Monday.