Trafigura Group has moved to withdraw hundreds of millions of dollars of copper from London Metal Exchange warehouses as lucrative trading opportunities emerge in the US and China, according to people familiar with the matter.
Trafigura Group has moved to withdraw hundreds of millions of dollars of copper from London Metal Exchange warehouses as lucrative trading opportunities emerge in the US and China, according to people familiar with the matter.
Commodity trader Mercuria Energy Group Ltd. was granted an early trial over an alleged distortion to the world’s benchmark oil tanker rate that it argues is costing the company hundreds of millions of dollars.
Commodity trader Mercuria Energy Group Ltd. was granted an early trial over an alleged distortion to the world’s benchmark oil tanker rate that it argues is costing the company hundreds of millions of dollars.