Post Tagged with: "Ticker: GLEN"

Glencore Looks to Sell Crude Storage Assets as Futures Curve Flattens

Glencore Looks to Sell Crude Storage Assets as Futures Curve Flattens

Crude storage is becoming less attractive as futures prices decline

Swiss mining giant and commodity trader Glencore (ticker: GLEN) is looking to divest its global storage assets, following similar moves by rivals Vitol and Gunvor. As the futures curve begins …