Glencore Allowed to Pursue $230 Million Case Against UK’s Prax

One of the world’s largest commodity traders has been granted permission to sue Prax Lindsey Oil Refinery Ltd over more than $230 million of oil it says was never paid...

By Constantine Courcoulas · Bloomberg Markets

One of the world’s largest commodity traders has been granted permission to sue Prax Lindsey Oil Refinery Ltd over more than $230 million of oil it says was never paid for.