Search result for Mercantile
Ex-minister warns of penalties on oil traders with ties to Russia
In October of last year, Vitol revealed that it had headed a consortium that had acquired a 5% share in Vostok Oil, together with Singapore-based oil trader Mercantile & Maritime.
Vitol stated: "Vitol is outraged and grieved by the unjustified loss of human life and the sufferi...
CME LAUNCHES LIVE ETH FUTURES TRADING
Highlights:
• The trading went live on Sunday
• Since its launch the exchange has already traded 77 contracts
The...
Oman’s crude oil prices fall in Dubai Mercantile Exchange
Oman crude oil fell by $6 per barrel or a loss of 9 per cent as compared to 2018’s $ 69.94 per barrel. The average price for 2019 came to be $63.96 per barrel.
On an average, Oman had averaged for the past decade at $77.70 per barrel. The average selling price for the crude oil in...
Iran ahead of the world in commodity trading
The commodity markets all over the world have been suffering, and this trend seems like it has been going on all over the world as there are very few markets that are doing good in these times of global slowdown. The major fall in the commodity markets comes from the major hit that the trading se...
Commodities fare well in Iran
The commodity trade has been hugely affected by the United States and China trade war and has cost billions In deficit to the sector. But this trend will be changing soon as the talks on ending the trade war are on high optimism flame, and we can see this as the sale of commodities comes back on ...