Edition:
United Kingdom

Julia Payne

U.S. refiners grab unloved Russian fuel oil on back of new shipping rules

17 Jan 2020

LONDON/HOUSTON U.S. refiners are scooping up cheap high-sulfur fuel oil for processing from Russia and the Baltic states as they take advantage of new shipping rules that have cut demand for the dirtier marine fuel, according to oil traders and shipping data.

RPT-U.S. refiners grab unloved Russian fuel oil on back of new shipping rules

17 Jan 2020

LONDON/HOUSTON, Jan 17 U.S. refiners are scooping up cheap high-sulfur fuel oil for processing from Russia and the Baltic states as they take advantage of new shipping rules that have cut demand for the dirtier marine fuel, according to oil traders and shipping data.

BNP Paribas to overhaul commodity finance team

19 Dec 2019

LONDON/PARIS France's BNP Paribas could move 75 commodity finance jobs from Paris to Geneva as part of a plan to consolidate its Europe, Middle East and Africa specialized trade solutions team, according to sources with knowledge of the matter.

BNP Paribas to overhaul commodity finance team

19 Dec 2019

LONDON/PARIS, Dec 19 France's BNP Paribas could move 75 commodity finance jobs from Paris to Geneva as part of a plan to consolidate its Europe, Middle East and Africa specialised trade solutions team, according to sources with knowledge of the matter.

Trafigura's 2019 'knock-out' trading profits undermined by write-offs

12 Dec 2019

LONDON Global commodity trader Trafigura Group reported its lowest annual net profit in nearly a decade after a string of losses in its physical asset portfolio undermined a record year in oil trading.

Trafigura starts financial year strongly, to focus on Nyrstar - CFO

12 Dec 2019

LONDON Trafigura expects another strong trading performance in its financial year that began on Oct. 1 and one of the global commodities trader's main aims will be to make newly acquired zinc firm Nyrstar profitable, the chief financial officer said.

Trafigura starts financial year strongly, to focus on Nyrstar: CFO

12 Dec 2019

LONDON Trafigura expects another strong trading performance in its financial year that began on Oct. 1 and one of the global commodities trader's main aims will be to make newly acquired zinc firm Nyrstar profitable, the chief financial officer said.

Trafigura's 2019 'knock-out' trading profits undermined by write-offs

11 Dec 2019

LONDON, Dec 11 Global commodity trader Trafigura Group reported a record year in oil trading and a strong metals and minerals performance, though losses in its asset base eroded gains, pushing its net profit to the lowest since 2010.

RPT-Tankers running on fumes as shipping fuel switch causes delays

06 Dec 2019

* Some ships having to wait 10 days or more -industry executive

UK bribery investigation adds to Glencore's legal headaches

05 Dec 2019

LONDON The UK's Serious Fraud Office (SFO) has launched a bribery investigation into Glencore , adding to legal troubles that have hit the shares of one of the world's biggest miners and commodity traders. | Video

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