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Shell's top Brent trader leaving company - sources

Published 07/04/2016, 11:48
Updated 07/04/2016, 11:50
© Reuters. The UK £ sterling price per litre of different blends of refined petrol (US $ 1.43 per litre unleaded) is seen at a Shell fuel station, with the Shard skyscraper seen behind, in central London, Britain
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LONDON (Reuters) - The head of European oil trading at oil major Royal Dutch Shell (L:RDSa), Stany Schrans, will leave the company later this year, two industry sources told Reuters.

Shell declined to comment.

Bloomberg was first to report the departure.

The sources said Schrans, who has worked for Shell for more than 15 years, was leaving due to personal reasons.

Shell has one of the biggest oil trading desks in the world and is one of the most powerful players in the benchmark Brent market, for which Schrans was responsible.

© Reuters. The UK £ sterling price per litre of different blends of refined petrol (US $ 1.43 per litre unleaded) is seen at a Shell fuel station, with the Shard skyscraper seen behind, in central London, Britain

Tarek al Hassan, a senior Shell trader based in Singapore, is relocating to London to replace him, according to the sources.

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