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mercuria

OPEC may need further supply curbs to balance market, says Mercuria chief

January 17, 2024
Opec may need further supply curbs to balance market, says mercuria chief - photo licensed by shore news network.

By Dmitry Zhdannikov DAVOS, Switzerland (Reuters) – OPEC may need to cut production further to keep oil prices at current levels in the face of …

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Mercuria sees oil likely hitting $100 on Middle East turmoil

October 11, 2023

By Yousef Saba FUJAIRAH (Reuters) – The deputy CEO of commodity trader Mercuria, Magid Shenouda, said on Wednesday that oil could go to $100 a …

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Mercuria leads funding round for engine tech firm ClearFlame

March 9, 2023
Mercuria leads funding round for engine tech firm clearflame - photo licensed by shore news network.

By Simon Jessop LONDON (Reuters) – U.S.-based ClearFlame Engine Technologies has raised $30 million in a funding round led by global energy trader Mercuria and …

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Mercuria closes $3.4 billion loan facility for North America operations

December 12, 2022
Mercuria closes $3. 4 billion loan facility for north america operations - photo licensed by shore news network.

(Reuters) – Commodity trading house Mercuria said on Monday that its operating entities in North America had closed a multi-year revolving credit facility of $3.4 …

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