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10 Million Tons of Oil Products Sold at St. Petersburg International Mercantile Exchange Since Beginning of Year

10 Million Tons of Oil Products Sold at St. Petersburg International Mercantile Exchange Since Beginning of Year

The total amount of trading at the St. Petersburg International Mercantile Exchange in the Oil Products section has exceeded 10 million dollars since the beginning of the year. As the representative of the mercantile exchange told the journalists this is more than twice as big as the total trading amount of 2010. The total number […]

FAS: Unified Oil Products Trading Exchange System Can Start Operation Before End of This Year

FAS: Unified Oil Products Trading Exchange System Can Start Operation Before End of This Year

The Federal Antimonopoly Service (FAS) of Russia has in view to launch a unified oil products trading exchange system based on the Saint-Petersburg International Mercantile exchange (SPIMEX), the deputy head of the governmental agency Anatoly Golomolzin told the journalists. At present oil and oil products are traded at the three platforms: the Interregional oil and […]

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