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That spread, or arbitrage, as well new supplies from the U. Their overall trading profits are increasingly supported by LNG trade. Commodities trading houses such as Glencore, Vitol and Gunvor have made efforts to challenge that dominance. Yet many banks are downsizing their commodities desks because of toughening regulations on proprietary trading, where the banks trade on their own behalf instead of for clients seeking to hedge energy price risk. Information on the timing of the moves was not immediately available.
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