Monday 8 February 2016
 
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Glencore

Glencore loads Iranian fuel oil from Bandar Mahshahr

Anglo-Swiss commodity trader Glencore has chartered a ship to load Iranian fuel oil at the Iranian port of Bandar Mahshahr in a move that signals the return of legitimate Iranian crude and oil products to international markets. &n

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Glencore sees Tripoli-based NOC as sole legal seller of Libyan oil

Commodities trader Glencore said it recognises Libya's Tripoli-based National Oil Corp (NOC) as the sole legal marketer of the country's oil, after securing an export deal earlier this year with the state-run company. &nbs

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Moroccan refinery's debts highlight oil sector lending dangers

When Morocco's only oil refinery suspended production in early August due to financial difficulties, it owed $450 million to trading houses, including Glencore, Vitol and BB Energy, according to traders and refinery sources familiar with t

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Glencore seals Libyan oil deal in scramble for profits

Trading house Glencore has secured a deal to buy as much as half of the oil Libya is currently exporting, market sources said, as it looks to boost trading to help offset flagging profits from mining.  

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Glencore shares bounce back after HK surge

Shares in trader and miner Glencore surged as much as 20 per cent in London on Monday, following a 25-per cent leap on the Hong Kong market, as hopes for deal-making trumped worries over a slump in metals prices. Reuters reported

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Glencore, VW hits to push Qatar fund to diversify more

Qatar Investment Authority's hit from the slide in Volkswagen and Glencore shares can only underline the sovereign wealth fund's need to continue to diversify its asset base, industry sources said. The German carmaker has

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Glencore slumps 30pc as debt fears grow

Glencore shares tumbled more than 30 per cent to an all-time low on Monday on fears that the mining and trading company was not doing enough to rein in its debt to withstand a prolonged fall in global metals prices. About £3

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Glencore sees 'spectacular growth' in LNG trading

Mining and trading giant Glencore is mounting a challenge to Trafigura and Vitol to become the top merchant trader of liquefied natural gas (LNG), as a market in which sales are largely frozen in decades-long contracts looks set to thaw.

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Glencore sees 'spectacular growth' in LNG trading

Mining and trading giant Glencore is mounting a challenge to Trafigura and Vitol to become the top merchant trader of liquefied natural gas (LNG), as a market in which sales are largely frozen in decades-long contracts looks set to thaw.

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Glencore to cut spending, take $790m writedown on Chad oil assets

Miner and commodity trader Glencore on Thursday cut back its spending plans for this year and said it would take a $790 million charge on oil assets in Chad after a fall in oil prices. The London-listed company, due to report half

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