VOL. XLIII

No. 13

27-March-2000

E-COMMERCE

Independent E-Trading Exchange PEPEX To Offer Spot Oil Tender Process

Miami-based Petroleum Electronic Pricing Exchange LLC (PEPEX) has launched an internet-based trading system for crude oil and refined products intended for use by national and commercial oil companies and major fuel buyers such as industry, utilities and airlines.

PEPEX claims its internet site (www.pepex.net) is the first to offer spot tender trading in physical crude and refined...