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The oil markets have been in turmoil for around 18 months now, with trading being the most tumultuous seen in years. In fact, oil price volatility has climbed to its highest since 2009 as traders try to price-in the uncertainty around supply cuts and project demand for petroleum products as the global economic recovery falters.
Three years ago, in July 2012, Raphael Hüttmann took over as Managing Director of Mabanaft Limited, a leading independent UK fuel importer and wholesaler. In an exceptionally challenging market he has implemented changes that have enabled the organisation to thrive in the volatile downstream environment.
Mabanaft is pleased to announce the winners of the 'Guess the Price on MabaLIVE’ competition which took place at the recent FPS EXPO 2015 in Harrogate.
Mabanaft is leading the way for online fuel purchasing with their latest mobile-enabled version of MabaLIVE. The system has recently been redesigned to work seamlessly across desktops, laptops, tablets and smartphones allowing customers to view live pricing and place an order even when they are away from their office.
2014 has seen continued challenges for the downstream sector and further upheavals are expected in the coming years resulting in a deep-seated uncertainty for distributors.
Mabanaft is once again leading the way with the launch of a new mobile enabled version of MabaLIVE, its free online price information and fuel ordering service.
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Registered in England company No: 2960732