Nelson Rios News

BB Energy Reopens U.S. Distillates Desk, Expands Trading

Oil trader BB Energy plans to relaunch its U.S. middle distillates operations, hiring Nelson Rios to trade from the company's Houston office, a source familiar with the plans told Reuters. Dubai-based BB Energy, founded in 1937 in Lebanon, has expanded since its initial focus on trading heavy oil products in the Mediterranean.