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MOVES-North Sea oil trade veteran Begg retires from Glencore - sources

Reuters - UK Focus

LONDON, Nov 15 (Reuters) - * Steve Begg retires from Glencore (Frankfurt: 8GC.F - news) after around a year in charge of North Sea oil trading - three trading sources.

* Begg - one of the biggest names in North Sea oil trading.

* Begg previously worked for BP and Trafigura.

* Glencore declined to comment.

* Earlier this year, Glencore built a large position in the Brent market, acquiring over a third of the 37 BFOE cargoes loading in June. (Reporting by Dmitry Zhdannikov and Alex Lawler; Editing by Adrian Croft)