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Marc Rich, 'King of Oil', dies at 78

Billionaire Marc Rich, who invented oil trading and was pardoned by President Bill Clinton over tax evasion, racketeering and busting sanctions with Iran, died on Wednesday in Switzerland aged......

Citi plans to sell energy-trading unit Phibro

Financial major Citigroup is planning to sell its energy-trading unit Phibro, which came under flak for the huge pay package of $100 million handed over to its star trader Andrew Hall, says a media......

IOC is Asia-Pacific's top oil trading co

Indian Oil Corporation has emerged as the top company in oil trading amongst national oil companies in the Asia Pacific region, as per the annual survey conducted by Applied Trading Systems,......

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