VOL. XLIII

No. 33

14-August-2000

E-COMMERCE

E-Commerce Will Change The Oil Business, Says CGES Report

Electronic trading over the internet holds the potential to revolutionize the oil trading business over the next few years, according to a report published in the May-June edition of Global Oil Report by the London-based Center for Global Energy Studies (CGES). While the report points out that the oil industry "has come tardily" to e-commerce, it says that companies are moving fast to establish...