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Drilling Deep: The scattered factoring business might become a lot more unified

Also on the podcast: Conflicting info about the US oil upstream that might actually be in sync

Image: Jim Allen/FreightWaves

The factoring business has always been highly fragmented. But on this week’s Drilling Deep podcast, Marius Silvasan, the CEO of eCapital Corp., talks about his own acquisitions in the sector and why he thinks it is an industry ripe for consolidation.

Also, host John Kingston talks about two reports out of the oil patch that on their face seem to contradict each other but may be more in sync than one might think.

More articles by John Kingston

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John Kingston

John has an almost 40-year career covering commodities, most of the time at S&P Global Platts. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment, one for steering coverage of the BP Deepwater Horizon disaster and the other for the launch of a public affairs television show, Platts Energy Week.