Sunday, January 5, 2025
EXCLUSIVE Commodity traders face big margin calls as gas prices soar- oil and gas 360

EXCLUSIVE Commodity traders face big margin calls as gas prices soar

Nasdaq LONDON – The world’s top commodity trading houses are being told by brokers and exchanges to deposit hundreds of millions of dollars in extra funds to cover their exposure to soaring gas prices, seven sources with direct knowledge of the matter told Reuters.   Glencore, Gunvor, Trafigura and Vitol are among the commodity merchants facing what are known as