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Refining systems for oil trading

The increasing complexity of the crude oil business – on both the physical and financial side – means companies in the sector need fast-changingand flexible software to manage their operations. CliveDavidson reports

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Recent scandals such as Enron have put a spotlight on the corporate governanceof oil companies and those that trade oil products. This comes on top of changesin the oil supply infrastructure, due to new methods of organising delivery andthe emergence of super-major companies with vast operations and resources.

The result is a more complex business with increased risk. To succeed in

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