US Delek forms trading subsidiary; consolidates oil, products businesses

Source: ICIS News


HOUSTON (ICIS)--Delek US Holdings has formed DK Trading & Supply, the company said on Friday.

The company said the move will consolidate commercial activities for crude oil, refined products and renewable purchases, sales and other commercial activity, all of which had previously been conducted through a series of companies under Delek.

Delek's customers and suppliers began transitioning to DK Trading & Supply in January.