JPMorgan faces oil bribery probe in BrazilSo far, police have focused their attention on purchases of roughly 300,000 barrels of Petrobras fuel oil by JPMorgan in 2011 according to ...
22 Sep, 2021, 05.05 PM IST
Europe’s banks fall out of love with commodity tradersFor the past half century, a small group of European banks has financed the trade in natural resources, forging a symbiotic relationship wi...
23 Aug, 2020, 02.50 PM IST
In Saudi-Russia price war, the big winners are oil tradersA new price structure, called a contango, allows the traders to make easy money by buying crude cheap, storing it, and selling it forward.
12 Mar, 2020, 02.14 PM IST
A flood of $25-a-barrel Saudi Arabian oil is headed for EuropeSaudi Arabia is offering its flagship Arab Light crude into Rotterdam for roughly $25 a barrel.
12 Mar, 2020, 11.04 AM IST
Oil traders made billions in 2019 as conflict shook the marketConsensus is that the industry benefited from a lucky mix of factors in the oil market.
27 Jan, 2020, 03.56 PM IST
Twin deficits threaten to unsettle Pak; PM rules out devaluationPakistan’s current account gap more than doubled to $12.1 billion in the year ended June.
28 Aug, 2017, 03.45 PM IST
Why this calm in commodity market is likely to end soonThe 90-day volatility of the Bloomberg Commodity Index hit its lowest level since Nov 2014.
30 May, 2017, 01.27 PM IST
The glut strikes back as oil returns to brink of bear marketOil is poised for a drop of 20% since early June. While excess crude production is abating, inventories around the world are brimming.
29 Jul, 2016, 07.26 PM IST
Swiss voters reject strictest executive pay limitsSwiss voters rejected a proposal to limit executives’ pay to 12 times that of junior employees on Sunday.
26 Nov, 2013, 02.50 AM IST
- Aegis acquires Hindustan Aegis's gas terminal
Aegis Logistics Ltd has acquired the throughput activity undertaking of Hindustan Aegis LPG Ltd.
14 Aug, 2007, 06.29 PM IST