Citi Sells Phibro Trading Unit to Occidental Petroleum: Video

785 views · Published 9 October 2009 · 2:49 · Indexed 20 September 2026

Channel: Bloomberg Originals · 2009 · Entertainment

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Oct. 9 (Bloomberg) -- Citigroup Inc., under pressure from the Obama administration to reduce executive compensation, agreed to sell its Phibro LLC energy-trading business to oil producer Occidental Petroleum Corp. Bloomberg's Adam Johnson reports. (Source: Bloomberg)

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