ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Oil traders turn ‘bespoke tailors’ in offshore megastore
Bloomberg The biggest oil traders feeling the squeeze in a world awash with crude are seeking an edge by offering tailor-made cargoes in an offshore megastore. By selling bespoke from a fleet of ships anchored off Singapore and Malaysia, the likes of Vitol, Trafigura Group, Glencore Plc and Gunvor Group are seeking to lure buyers who are becoming more demanding. …
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