原油价格下跌的第一个牺牲品：百年老店，知名原材料交易商，因无人肯收购，被迫清仓关门

Crashing Crude's First Casualty: One-Time Commodities Giant Phibro Liquidating

While we were expecting that one-time "god of crude oil trading" would have a poor year as a result of his consistent bullishness on the crude space, we were quite astounded to learn, as Bloomberg first reported yesterday, that Andy Hall - the man whose name was for a decade legendary in the commodity space - would call it a day. And yet that pales in comparison to the WSJ report overnight than Phibro itself, Andy Hall's 113 year old employer currently owned by Occidental Petroleum after its sale by Citigroup, would liquidate in the US after it failed to buy a buyer, marking the end of an era.

As the WSJ reports, "the 113-year-old company, founded in Germany by two scrap-metal dealers, is winding down its U.S. operations after it failed to find a buyer, according to a person familiar with the situation. The sale process for units in London and Singapore continues, the person said. Phibro specialized in physical trading of oil and other raw materials, seeking to profit by moving actual barrels and acting as an intermediary between producers and consumers. The pool of potential buyers for these kinds of operations has dwindled in recent years amid a regulatory crackdown on Wall Street banks’ involvement in these markets."

所有跟帖： 

• 哀鸿遍野就是底快到了 -薛成- ♂ (0 bytes) () 12/10/2014 postreply 08:55:23

• 原油价格战才刚刚开始 -luxh009- ♂ (0 bytes) () 12/10/2014 postreply 09:06:57