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Friday, 31 March 2017

Glencore in talks to sell global oil storage stakes

Glencore in talks to sell global oil storage stakes
31 March 2017, London — Swiss-based trading and mining giant Glencore is selling a bundle of its global oil storage stakes, sources told Reuters, following similar moves by rivals as a boom period for storage shows signs of nearing to an end. Demand for storage exploded following the oil price plunge in 2014 because the […] More »

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