JP Morgan Enters Oil Market

newsvine.com     May 17, 2008            

News Type: Event — Seeded on Fri May 16, 2008 9:31 PM EDT JPMorgan Chase & Co will begin trading physical oil by year-end, increasing its exposure in a market that could rise to $200 a barrel, the bank's global head of commodities said on Wednesday. The bank plans to expand in commodities and... [read full story]                

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Derivatives monster Morgan to enter oil market

gata.org     May 15, 2008          

JPMorgan Eyes Physical Oil Trade, Eyes $200 Oil By Sambit Mohanty Reuters Thursday, May 15, 2008 http://www.reuters.com/article/reutersComService_3_MOLT/idUSSP1485012008... SINGAPORE -- JPMorgan Chase & Co will begin trading physical oil by year-end, increasing its exposure in a market that could...                

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