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Oil Brokerage acquires Blue Commodities to expand physical broking capabilities

PRIVATEOct 09, 2024

Acquiring Company

Oil Brokerage

Acquired Company

Blue Commodities

LondonLondonEnergyOil And GasEnergyOil And Gas

Description

Oil Brokerage, a subsidiary of OTC Global Holdings, has strategically acquired Blue Commodities to enhance its physical broking capabilities in key markets such as Northwest Europe, the Mediterranean, and West Africa. The acquisition further solidifies Oil Brokerage's position and offerings in physical broking, derivatives, and shipping markets, leading to an expanded global leadership for OTC Global Holdings.

Quick answer

Oil Brokerage is acquiring Blue Commodities, announced October 9, 2024. Oil Brokerage is based in London, England, United Kingdom.

How much did Oil Brokerage pay for Blue Commodities?
The deal value was not disclosed.
What does Oil Brokerage do?
Oil Brokerage Ltd specialises in the broking of Physial Gasoline, Gasoline Components, Gasoline Swaps, Naphtha, Fuel Oil, LPG and Bio-Diesel.
Where are Oil Brokerage and Blue Commodities based?
Oil Brokerage is based in London, England, United Kingdom. Blue Commodities is based in London, England, United Kingdom.

Source: Fundz verified event record.

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Company Information

Company

Oil Brokerage

Location

London, England, United Kingdom

About

Oil Brokerage Ltd specialises in the broking of Physial Gasoline, Gasoline Components, Gasoline Swaps, Naphtha, Fuel Oil, LPG and Bio-Diesel. The company has long-term relationships with major oil companies, oil trading divisions of investement banks and commodity houses as well as other established independent trading concerns and funds.

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Frequently asked

Who acquired Blue Commodities?

Blue Commodities was acquired by Oil Brokerage, based in London. The deal was reported on October 9, 2024. Oil Brokerage Ltd specialises in the broking of Physial Gasoline, Gasoline Components, Gasoline Swaps, Naphtha, Fuel Oil, LPG and Bio-Diesel. Oil Brokerage is privately held and operates in Energy.

When did Oil Brokerage acquire Blue Commodities?

Oil Brokerage's acquisition of Blue Commodities was reported on October 9, 2024. Oil Brokerage, a subsidiary of OTC Global Holdings, has strategically acquired Blue Commodities to enhance its physical broking capabilities in key markets such as Northwest Europe, the Mediterranean, and West Africa. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Blue Commodities do?

Blue Commodities is a specialist physical commodities broker with a focus on middle distillates and fuel markets, operating across Northwest Europe, the Mediterranean, and West Africa. It is privately held, operating in Energy, and is based in London.

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