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Cara posted an update 7 years, 10 months ago
Hedging in the oil trading business and an interesting map showing oil trade choke points. This article is on Saldana Bay (Cape Town, South Africa, also happens to be where my father was stationed when he was in the navy during his conscription)… interesting the company doing the hedging seems to be based in Geneva…
https://www.bloomberg.com/news/articles/2018-05-29/africa-s-hidden-oil-hub-grows-after-making-millions-for-traders
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