Tuesday, 21 May 2013

Tough oil market forces trading firms in Asia to cut jobs, reshape oil business, trading companies in Asia are cutting staff and seeking new revenue sources

SINGAPORE: Grappling with weak demand, rising costs and heightened competition in their oil business, trading companies in Asia are cutting staff and seeking new revenue sources from areas such as drilling for gas and generating power.
In a sign of this pressure, at least 15 traders and staff in...Tough oil market forces trading firms in Asia to cut jobs, reshape oil business, trading companies in Asia are cutting staff and seeking new revenue sources

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