Aspect Enterprise Solutions: The Cloud & The Importance Of Physical Operations In Oil Trading

Trading oil used to mostly take place in the virtual world. Oil futures were bought and sold on paper only, with relatively few physical movements of oil taking place. Meanwhile, millions of barrels of oil remained in storage,
being traded on multiple times as its value increased.

But in today’s financial climate, the market has changed. There is more money to be made by selling oil almost immediately after it has been bought. Contracts that once would have been renegotiated or unwound

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