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Published on Sep 11, 2024Source: Bloomberg - Neutral
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Published on Sep 11, 2024
Aluminum Outlook Hinges on Cost of Key Raw Material, Trafigura Says
(Bloomberg) -- The most important dynamic driving the outlook for aluminum prices is the surging cost of a key raw material needed by smelters, according to Trafigura Group. Prices for alumina — refined from raw mined ores and smelted into aluminum — have …
Source: Mint - Neutral -
Published on Sep 11, 2024
Trafigura to Convert More Supertankers If Oil Market Woes Linger
Midea Group Co., Ltd., together with its subsidiaries, manufactures and sells home appliances, and robotic and automation systems in China and internationally. It operates through four segments: Heating & Ventilation, as well as Air-Conditioner; …
Source: Yahoo Finance - Label Pending -
Published on Sep 10, 2024
Trafigura Sees Oil Prices Dropping Into $60s/Bl
ICE Brent crude futures have dropped by 16.3% in price since a recent peak of $85.82/bl on July 4. File Image / Pixabay An executive from global oil trading firm Trafigura has raised the possibility of oil prices dropping into the $60s/bl. Ben …
Source: Ship & Bunker - Neutral -
Published on Sep 9, 2024
Oil Trading Giant Trafigura Sees Brent Falling Below $70 Soon
Brent Crude oil prices are set to drop into the $60s per barrel range soon, according to one of the largest independent oil traders, Trafigura. Brent Crude, the international benchmark, was trading at $71.63 a barrel, up by 0.65% on the day, early on …
Source: Oil Price - Neutral -
Published on Sep 9, 2024
Trafigura Says Oil Set for $60s, But Don’t Be Too Bearish
(Bloomberg) -- Two of the world’s largest commodities traders have painted a bleak picture on the outlook for the oil market, echoing concerns over Chinese demand and plentiful supply on day one of the APPEC conference. Most Read from Bloomberg The mood …
Source: Yahoo Finance - Label Pending -
Published on Sep 9, 2024
Trafigura Says Brent Set for $60s But Warns on Being Too Bearish
(Bloomberg) — Major commodity traders Trafigura Group and Gunvor Group Ltd. have painted a bleak picture on the outlook for the oil market, echoing concerns over Chinese demand and plentiful supply. Brent crude is “probably going to go into the $60s some …
Source: Financial Post - Center-right -
Published on Sep 9, 2024
Trafigura Says OPEC+ Policy Dilemma Prompts ‘Confused Message’
(Bloomberg) — OPEC+ is facing a dilemma when it comes to reconciling the group’s goals with what the market needs, and the oil cartel is sending a “confused message,” according to one of the world’s top crude traders. The group led by Saudi Arabia and …
Source: Financial Post - Center-right -
Published on Sep 6, 2024
Aramco, ADNOC and Trafigura possible buyers for Shell’s network in South Africa
Shell is said to be aiming to raise nearly $1 billion from the sale of its downstream operations in South Africa. Last update: September 6, 2024 Shell is reportedly attracting acquisition interest for its South African service stations from several major …
Source: Petrol Plaza - Neutral -
Published on Sep 6, 2024
Aramco, Trafigura Said to Vie for Shell South Africa Assets
(Bloomberg) -- Saudi Aramco, Abu Dhabi National Oil Co. and commodities trader Trafigura are among suitors competing to buy Shell Plc’s service stations in South Africa, according to people familiar with the matter. Most Read from Bloomberg The assets have …
Source: Yahoo Finance - Label Pending