Putin's pleasure

7 December 2016 By Andy Critchlow

The $54 bln commodity group and the Arab state are buying 19.5 pct of the Russian oil giant for $11 bln. It will boost Glencore’s oil presence but the Qataris, who presided over the recent OPEC output pact and own 9 pct of their partner’s shares, are making a bigger statement.

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