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Tough oil market conditions bite on profits at Trafigura - Financial Times
Reuters India | Tough oil market conditions bite on profits at Trafigura Financial Times Trafigura, one of the world's biggest commodity traders, reported an 9 per cent drop in annual profits and lower payout to senior employees as intense competition and plentiful supplies crimped margins in oil, one of its two core businesses. Trafigura ... Trafigura's traded oil volumes jump 25 pct in 2017 Oversupply and low volatility in oil market dampen profit margins for Trafigura |
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