After years of easy money, many of the world’s biggest oil traders are enduring a brutal new reality. Traders have been wrong-footed by wild swings in price spreads between oil grades, particularly in the U.S. market. Amid dwindling profits, trading desks are being overhauled, with some firms...
https://www.hellenicshippingnews.com/oil-traders-suffering-dismal-year-as-easy-money-deals-vanish/