Sat, Nov 1, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Oil, Trading more

Swiss Commodities Traders Go Big on African Oil

Posted on 22 July 2014

Swiss commodities traders are buying significant volumes of Africa’s oil in opaque and lightly-regulated deals, according to a new report that spotlights their commanding position in the continent’s energy markets.
Traders such as Glencore PLC and privately-owned Trafigura Beheer B.V. spent $55 billion buying a quarter of the oil produced by Africa’s top 10 suppliers between 2011 and 2013, according to the report by a trio of nongovernmental organizations, the Berne Declaration, the Natural Resource Governance Institute and Swissaid………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37739 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
November 2014
S M T W T F S
« Oct    
 1
2345678
9101112131415
16171819202122
23242526272829
30