Oil Traders Vie for Guyana Marketing Deal Despite Price Tumble

Guyana has attracted interest from several oil trading companies for a contract to serve as the marketing agent for the government’s share of the country’s crude, despite a plunge in global prices, four people familiar with the matter said.

Oil major Royal Dutch Shell and commodities traders Gunvor and Mercuria were among the companies that have submitted expressions of interest ahead of the Tuesday morning deadline, the people said on condition of anonymity as they were unauthorized to discuss the matter publicly.

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