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TRAFIGURA CASE
Court rejects JSW Steel, Trafigura request to clear certain met coke importsAn Indian court has rejected requests from JSW Steel and Trafigura to allow certain shipments of met coke, following India’s January restri...- Prateek Gupta loses bid to lift freezing order in Trafigura fraud caseOn Friday, Indian businessman Prateek Gupta's bid to remove a global freezing order on his assets in a Trafigura fraud case was unsuccessfu...
- India says Petrochina, other global oil companies keen to build SPRsDuring two roadshows held to seek private investment for building the SPRs, global companies, including BP, Shell and traders Trafigura, Vi...
- Court to extend freezing order on Indian businessman Prateek Gupta's wife's assets in Trafigura fraud caseCommodity trading firm Trafigura, which sought the order, said in February it had booked a $577 million charge relating to what it alleges ...
- Commodity Talk: Base metal prices likely to remain range bound, albeit with positive bias, says Pritam Patnaik of Axis SecuritiesGlobally, copper inventories are diminishing and things are expected to get worse around September this year, as we could witness some upti...
- Top oil traders see steady demand despite economic headwindsThe falling oil prices and months of severe volatility have spooked the market, with major consumer countries still tapping strategic stock...
- Who is buying Russian crude oil and who has stoppedAustralia, Britain, Canada and the United States have imposed outright bans on Russian oil purchases but the 27 members of the European Uni...
- Wake-up call! Wild swings in commodities can sucker punch the global economyCommodity traders remain too big to be ignored — and a possible source of big trouble if left unattended.
- Rosneft-backed Nayara Energy put under credit watch: CARE Ratings"CARE Ratings has placed the long-term ratings of Nayara on 'credit watch with negative implications' on account of the Russian invasion of...
- Russia-linked Indian refiner put under credit watch, CARE Ratings saysThe rating agency however said Nayara is not at present impacted by western sanctions against Russia as it buys oil from producers in the M...
- Copper just smashed past a record. Here’s what you need to knowThe previous copper record was set in 2011, around the peak of the commodities supercycle sparked by China’s rise to economic heavyweight s...
- Citi has a message for oil bulls: $60 oil to return by 2021The rate at which those stockpiles are shrinking appears to have slowed in recent weeks as the coronavirus proved stubbornly persistent and...
- The next chapter of the oil crisis: The industry shuts downThe economic impact of the Covid-19 has ripped through the oil industry in dramatic phases.
- 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.
- In Mumbai’s biggest building deal, US investor to pay Rs 2,500cr for BKC towerThe One BKC deal has been stuck for a few months owing to a dispute between Radius and MMRDA over payment for additional construction right...
- Why India may have to blink on oil pricesCentre has been steadfast so far, hoping to ride out the global crude spike. But it may soon have to blink.
- Hedge fund may seize super-yacht in dispute with billionairesThe latest stage of the escalating dispute threatens to spill out of the courtroom.
- Trafigura plans to set up $25 million copper wire rod manufacturing facility in IndiaThe company says the subsidiary was set up with an objective to understand and address challenges in India’s commodity and metals industry.
- Banned in Bangladesh, toxic ship heads to IndiaAfter being banned in Bangladesh, a toxic-laden ship, Probo Koala, is headed towards Indian shores for dismantling.
- Banned in Bangladesh, toxic ship heads to IndiaAfter being banned in Bangladesh , a toxic-laden ship, Probo Koala, is headed towards Indian shores for dismantling , a global group of act...
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