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Saturday, 5 May 2018

Glencore forms energy trading venture with Zhejiang Petroleum

Glencore forms energy trading venture with Zhejiang Petroleum

05 May 2018, News Wires – Commodities trader Glencore has formed a joint venture with China’s Zhejiang Petroleum to trade energy products, officials at Glencore and Zhejiang has said. The move comes after China National Chemical Corp, known as ChemChina, and Swiss-based trader Mercuria expanded an equity tie-up, as foreign trading companies look to gain a …

The post Glencore forms energy trading venture with Zhejiang Petroleum appeared first on SweetCrudeReports.

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