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Exclusive-Pemex’s trading arm bans new business with Trafigura -sources

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Reuters

By Stefanie Eschenbacher and Julia Payne MEXICO CITY/LONDON (Reuters) – The commercial arm of Mexican state oil company Petroleos Mexicanos (Pemex) has temporarily banned new business with Trafigura AG, according to a document and a source, as investigations into the energy trader’s conduct in several countries deepen. The world’s largest independent commodity traders https://www.reuters.com/article/us-oil-corruption-traders-factbox-idUKKBN28E2RJ are facing scrutiny globally for alleged corruption after years of investigations into bribes of public officials in several countries in Latin Ameri…

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