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Commodity Data Firm Kpler Buys ClipperData

Oil Glut Creates Huge Pile-Up Of Tankers Off West Coast Shores
Photographer: Patrick T. Fallon/Bloomberg

Kpler Holding SA, a Brussels-based provider of data and analytics to commodities traders, bought New York-based ClipperData LLC to expand in the U.S.

The move is one of the first major acquisitions in an increasingly crowded market for commodity technology and intelligence, with demand growing for data on cargo flows, trades and inventories worldwide.