Trading arm of Abu Dhabi's ADNOC hires new global crude lead

ADNOC has hired Jason Phing as global book lead for crude oil

  
A general view of ADNOC headquarters in Abu Dhabi, United Arab Emirates May 29, 2019.

A general view of ADNOC headquarters in Abu Dhabi, United Arab Emirates May 29, 2019.

REUTERS/Christopher Pike

LONDON- The trading arm of Abu Dhabi's oil firm ADNOC has hired Jason Phing as global book lead for crude oil, sources familiar with the matter said.

Phing, who has nearly 20 years of experience as an oil trader, is due to start at the end of this month. He left BB Energy last week after eight years, during which time he built up the crude team in London. Prior to that, Phing was at trading subsidiaries of Royal Dutch Shell for 11 years in London and Singapore.

ADNOC declined to comment.

(Reporting by Julia Payne, additional reporting by Rania El Gamal in Dubai, editing by Louise Heavens) ((julia.payne@thomsonreuters.com; +44 207 542 1836;))

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