Glencore oil trading volume
Oil marketing volumes fell, with Glencore marketing 460 million barrels in H1, 2018, down 24% from the same period last year. Oil products volumes followed a similar trend, falling 23% to 385 million barrels. Glencore looks set to cement its position as the world's second-largest oil trader as it tries to offset low volatility and tight margins with record volumes this year, its global head of oil Glencore (GLEN.L) looks set to cement its position as the world's second-largest oil trader as it tries to offset low volatility and tight margins with record volumes this year, its global head of oil, Alex Beard, told Reuters. The figure represents around 6 percent of global supply and only rival Trafigura overtakes Glencore for oil trading volumes. Then gross profits from oil trading topped $1bn due to “exceptional volatility” when the chance to buy cheap crude, store it, and then We are a major producer and marketer of coal, with mines in Australia, Africa and South America – while our oil business is one of the leading marketers of crude oil, refined products and natural gas. Crude oil is refined into a range of oil products mainly used as fuels – including petrol and diesel for cars, jet fuel, heating oil and liquid petroleum gas (LPG). Derivatives also include asphalt used in roads, wax, and lubricants. Glencore plc is a British multinational commodity trading and mining company with headquarters in Baar, Switzerland, and its registered office in Saint Helier, Jersey.The current company was created through a merger of Glencore with Xstrata on 2 May 2013. As of 2015, it ranked tenth in the Fortune Global 500 list of the world's largest companies.. As Glencore International, the company was
In a lightly trod corner of the oil market, Glencore PLC is leaving a big footprint. bought up large volumes of fuel oil at Asia's main trading hub in Singapore at a
Aug 8, 2019 But I feel the LPG market has lost some of its momentum, stumbling for four years and Glencore cut-back their overall oil trading volumes. Sep 10, 2015 Unlike Glencore, big oil traders like Trafigura and Mercuria, also That encourages firms to seek ways to handle bigger volumes more cheaply Dec 4, 2018 Of course, the volume of trades on the Shanghai exchange still lags behind that of seriously by multinational commodity traders (like Glencore) and is priced in a or at least the progressive de-dollarisation of the oil market. Glencore looks set to cement its position as the world's second-largest oil trader as it tries to offset low volatility and tight margins with record volumes this year, its global head of oil GENEVA, Feb 20 (Reuters) - * Glencore’s overall traded oil volumes fell 17 percent year-on-year in 2018 to 4.66 million barrels per day (bpd), according to the mining and trading firm’s annual Glencore (GLEN.L) looks set to cement its position as the world's second-largest oil trader as it tries to offset low volatility and tight margins with record volumes this year, its global head of Oil marketing volumes fell, with Glencore marketing 460 million barrels in H1, 2018, down 24% from the same period last year. Oil products volumes followed a similar trend, falling 23% to 385 million barrels.
Glencore looks set to cement its position as the world's second-largest oil trader as it tries to offset low volatility and tight margins with record volumes this year, its global head of oil
Glencore looks set to cement its position as the world's second-largest oil trader as it tries to offset low volatility and tight margins with record volumes this year, its global head of oil Oil products volumes followed a similar trend, falling 23% to 385 million barrels. This follows a steady rise in trading volume last year. Glencore did not give a specific reason for the fall, but said the change in market structure was "providing very little incentive to store oil." Glencore Sees Record Oil Trading Volumes as Margins Shrink. In oil, Glencore mainly focuses on trading and upstream but last week it acquired a major refining asset when it outbid China's Sinopec to buy Chevron's South African and Botswana businesses for just under $1 billion.
Glencore (GLEN.L) looks set to cement its position as the world's second-largest oil trader as it tries to offset low volatility and tight margins with record volumes this year, its global head of oil, Alex Beard, told Reuters. The figure represents around 6 percent of global supply and only rival
Glencore looks set to cement its position as the world's second-largest oil trader as it tries to offset low volatility and tight margins with record volumes this year, its global head of oil GENEVA, Feb 20 (Reuters) - * Glencore’s overall traded oil volumes fell 17 percent year-on-year in 2018 to 4.66 million barrels per day (bpd), according to the mining and trading firm’s annual
Trafigura overtakes Glencore for oil trading volumes. Then gross profits from oil trading topped $1bn due to “exceptional volatility” when the chance to buy cheap crude, store it, and then
Glencore (GLEN.L) looks set to cement its position as the world's second-largest oil trader as it tries to offset low volatility and tight margins with record volumes this year, its global head of Oil marketing volumes fell, with Glencore marketing 460 million barrels in H1, 2018, down 24% from the same period last year. Oil products volumes followed a similar trend, falling 23% to 385 million barrels.
Sep 10, 2015 Unlike Glencore, big oil traders like Trafigura and Mercuria, also That encourages firms to seek ways to handle bigger volumes more cheaply