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MOL Commodity Trading Kft.

Publications on european-business

Hungarian experts in oil trading

Not only due to the prevailing discussion about environmental protection and the saving of natural resources, there is a constant decrease in the demand for oil products all over Europe. For the market players this means extraordinary pressure on margins and more and more refineries close their doors. MOL Group is an integrated, independent, international oil and gas company, headquartered in Budapest, Hungary. It has operations in over 40 countries and employs around 29,000 people worldwide. MOL Commodity Trading Kft and its affiliates (MCT) manages and centralizes the group’s needs in oil and oil product derivatives and ensures regional supply and trading of electricity. Péter Sáling, the group’s head of commodity derivatives trading, is positive that the company will be able to increase the traded derivative volumes for all asset classes further on.