Glencore pursues more deals with Libya, Iran to beat tough trading year

Glencore pursues more deals with Libya, Iran to beat tough trading year
 

Glencore (GLEN.L) is seeking to increase oil trading with Libya, Iran and Iraq to beat what looks to be a much tougher trading environment compared with last year, Glencore's global head of oil Alex Beard told the Reuters Commodities Summit.
Crude trading in places such as Libya or Iraqi Kurdistan have been the cornerstone of trading activities for many trading houses in the past few years, generating good returns when oil majors were hesitant to enter those places.
Beard said Glencore would be seeking to trade more crude from the Middle East, including Iraq and Iran, as well as from Libya... read more

 
12 October 2016 in Business, Views: 40
Source: Reuters
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31