Vitol Increases U.S. Oil Liquids Market Share With Nobel Assets

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  • 24 Oct '17 at 3:56 pm #12887
    ThePitBoss
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    [article]312[/article]

    25 Oct '17 at 12:37 am #12890
    Helmholtz Watson
    Participant

    These are truly shocking numbers when a lot in this space have cleared the decks and recovered – reminds of Glencore on the edge but since then everything has rallied. How bad are these guys?

    25 Oct '17 at 3:45 pm #12894
    Truman
    Participant

    [quote=”Helmholtz Watson” post=2641]These are truly shocking numbers when a lot in this space have cleared the decks and recovered – reminds of Glencore on the edge but since then everything has rallied. How bad are these guys?[/quote]

    A bit of digging and it was massive coal losses – their hedging system or strategy didn’t work what ever it may have been – and that is where they are focusing on with LNG sounds like no one wants their coal doesn’t it.

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