As commodities trading continues to globalize, many of the world’s biggest oil and gas and mining majors have set up commodity trading structures. KPMG International’s report titled Commodity trading companies - Centralizing trade as a critical success factor was recently developed based on the views of professionals from KPMG’s member firms worldwide who specialize in a range of global tax and advisory disciplines to help energy and natural resources companies understand the substantial benefits and risk management issues involved in these complex operations.