Glencore reaches $9.85 mln zinc rigging settlement in New York
Glencore Plc (GLEN.L) agreed to pay $9.85 million to resolve a private U.S. antitrust lawsuit accusing two units of the Anglo-Swiss mining company of trying to monopolize the market for zinc, driving up its price.
EXCLUSIVE Energy trader Mercuria posts record profit for volatile 2020
Mercuria Energy Group had a boom year in 2020, buoyed by the extreme volatility seen in oil markets caused by the COVID-19 pandemic, as well as very strong returns across its portfolio, particularly gas and power.
EXCLUSIVE Exxon losing veteran oil traders recruited during past expansion -sources
Exxon Mobil Corp (XOM.N) has lost two veteran crude oil traders from its U.S. energy trading group and a third is leaving its British unit, according to people familiar with the matter, in a continued exodus of top talent from the oil major.
EXCLUSIVE Exxon losing veteran oil traders recruited to beef up profit -sources
Exxon Mobil Corp (XOM.N) has lost two top crude oil traders from its U.S. energy trading group, according to people familiar with the matter, in a continued exodus from the group.
