TradingMarkets.com, 21 Nov 2008, Thomson Reuters
SINGAPORE, Nov 21, 2008 (Reuters via COMTEX) -- STO | Quote | Chart | News | PowerRating -- Norway's StatoilHydro ASA said on Friday it was scaling down third-party product trading, and this would lead to the closure of its products department in Singapore. "The scale-down will affect our third-party product trading in Singapore. The products department with its four employees will be discontinued," Statoil said in a statement published on its website.
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