GRAPHIC: Prices of commodities : http://link.reuters.com/xex94w Read full story › Source:: Reuters UK Natural Resources
A few last minute regulatory hitches further delayed the end of open outcry trading in Chicago and New York, but if all went according to plan, the delayed closure of the CME NYMEX pits happened on 6th July 2015. For any young traders reading this, “open outcry” trading was where the traders and brokers gather […]
Lower domestic oil discount defuses politics over crude ban Read full story › Source:: FT.com Oil and Gas
By hellenicshippingnews Saudi Arabia is expected to cut its official selling price differentials for most of its crude grades loading in August for Asian buyers, reflecting a weaker Dubai market structure, lower spot differentials and a decline in refinery margins, traders said this week. A majority of traders surveyed by Platts expects state-owned Saudi Aramco […]
