Energy traders call for 'emergency' central bank intervention
Industry body says traders need ‘time-limited emergency liquidity support to ensure that wholesale gas and power markets continued to function’.
Source: afr.com
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Industry body says traders need ‘time-limited emergency liquidity support to ensure that wholesale gas and power markets continued to function’.
Russia is a major exporter of commodities including oil and gas.Castenoid/ Getty Images castenoid/ Getty Images A group of energy traders has asked
A group that includes BP, Shell, and ExxonMobil sent a letter to central banks asking for liquidity amid a worsening crisis in the energy market.
A group of energy traders has asked central banks for emergency cash to maintain an orderly market. | Business Insider Africa