Macquarie moves into Canadian crude

Macquarie Group expands into Canadian crude market; hires ex-Trafigura Canada president to lead new business

Canadian flag

The newly established Canadian crude oil marketing business will be based in Calgary and will come under Macquarie Group’s Energy Markets Division.

“We are excited to announce the continued expansion of our marketing and trading platform in the North American energy markets,” says Nicholas O’Kane, senior managing director and global head of Macquarie Group’s Energy Markets Division. “The addition of a Calgary-based crude oil marketing business will enable us to further expand our business reach

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