Last updated on April 18, 2014 at 17:24 EDT

MOAB Oil Enters Distillates and Domestic Crude Oil Brokerage Business

March 27, 2013

NORWALK, Conn., March 27, 2013 /PRNewswire/ — MOAB Oil, a market leader in gasoline, ethanol and refined products brokerage, market information and commentary, today announced establishment of two new brokerage desks:

  • Distillates/Refined Products – Led by Phil Clifford, the new desk will focus on both cash and financial markets for a variety of products, including physical distillates and refined products swaps, options and futures blocks. Phil brings an impressive brokerage background and record of revenue production to MOAB. His previous experience includes leadership roles in both brokerage and trading at TCT, TFS, GFI/Starsupply and Glencore, among others.
  • Domestic Crude Oil – John Bracken will spearhead MOAB’s entry into the emerging domestic brokerage market for Bakken and Eagle Ford crude. John will also opportunistically broker traditional crude oil physical and financial transactions. His former experience includes brokering for GFI/Starsupply, Spectron and Bruggemann.

    Phil Clifford, Distillates +1.203.857.6622

    John Bracken, Crude Oil    +1.203.857.6622

About MOAB Oil, Inc.
MOAB specializes in brokerage of physical and financial OTC energy markets. The firm’s expertise includes physical gasoline, gasoline blending components, oil product swaps, ethanol, ethanol derivatives, natural gas financial derivatives, distillates/refined products and crude oil. MOAB maintains long-term relationships with major oil companies, gasoline blenders, trading divisions of investment banks, hedge funds, and smaller domestic trading firms. Utilizing proprietary models and the latest technology, MOAB provides its clients with insights on market trends, evolving regulations and trading economics affecting their businesses every day. MOAB Oil, Inc. was established in 2003 and is located in Norwalk, CT. For further information, please visit http://www.moaboil.com.


Source: PR Newswire