Spot oil traders in Rotterdam face volatile global price swings
In Rotterdam, a dense network of independent spot traders handles gasoline and oil products amid surging prices after Iran’s upheaval. Buyers and sellers, often anonymous, move cargoes worldwide, with prices leaping from 20 to 38 dollars a barrel last spring and premiums spreading as OPEC and Western nations seek measures to cool the market.
MENTIONED IN THIS ARTICLE
Rotterdam
Netherlands
Rkrk
Hilerdath
Iran
Tokyo
United States
Eniwn
France
West Germany
Canada
Japan
Gy van Aardenne
Riune
Exxon
British Petroleum
Shell
J Bishop
Italy
Lis
Rhine
Germany
Middle East
Europe
Jerome van Eyck
Bishop
OPEC
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Denby’s
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