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Noble Group to sell oil liquids unit to Vitol, flags $1.2 billion loss – Reuters


Reuters

Noble Group to sell oil liquids unit to Vitol, flags $1.2 billion loss
Reuters
SINGAPORE (Reuters) – Struggling commodities trader Noble Group agreed to sell its Americas-focused oil liquids business to Vitol for about $580 million as part of a debt-cutting strategy, and warned of a big loss for its third quarter. The company
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