Saturday 23 November 2024
 
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Oil Traders

Oil traders could face new rules on purchases

Oil traders buying from national oil firms could face new disclosure rules within a year as part of an effort led by the Extractive Industries Transparency Initiative (EITI), the group told Reuters on Monday.     

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Oil traders say market tough, see supply snags

Stable oil prices have crunched the profits of physical energy traders, who warned on Thursday that US and European refineries would face supply constraints unless Saudi Arabia and Iraq send them more crude. Physical traders are tuned into

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