Icap to acquire United Fuels International

United’s 41 brokers deal with over 500 clients across three major energy market segments. Its physical brokerage activities cover crude oils, gasoline, distillates, jet fuel, coal and emissions; while its energy derivatives coverage includes crude oil, fuel oil, natural gas Nymex swaps, emissions derivatives and coal swaps. United also brokers energy futures on the Nymex floor. The firm has five US offices and is headquartered in Burlington, MA.

Dennis Crum, chief executive of Icap Energy,

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