Oil trade

Oil & Gas Trade
Vitol Steps up Venezuela Oil Buying Before U.S. License Lapses
Vitol Group, the world’s largest independent oil trader, has increased its oil purchases from Venezuela in April, utilizing a U.S. license set to expire o…
Crude Oil
Oil Trade Group Pushes Us for National Ethanol Policy After EPA Okays Midwest Expansion
Oil pump jack is seen in front of displayed U.S. flag in this illustration taken, October 8, 2023.On Monday, the American Petroleum Institute (API), a trade gro…
Oil & Gas Trade
Oil Trader Faces Lawsuit Over Company Hit by US-Iran Sanctions
The energy trader seeking to buy UK gas assets from Shell Plc and Exxon Mobil Corp. was sued over allegations that he diverted money from an Iranian petrochemic…
Oil & Gas Trade
Conocophillips Seeks to Keep Priority as Creditor in Citgo Auction
ConocoPhillips (COP.N), has filed a court motion to preserve the U.S. oil producer's almost top priority among Citgo Petroleum creditors to cash proceeds fr…
Oil & Gas Trade
Bankrupt oil trader Lord Energy sues UAE and ADNOC in $2.8 bln fraud claim
Logos of ADNOC are seen at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/File Photo Acquire Lic…
Oil & Gas Trade
Saudi Arabia Imports Russian Oil, Sends Its Own Supplies to EU
A report by Bloomberg shows that Saudi Arabia has become Europe's largest oil supplier as Riyadh buys record amounts of Russian crude oil for domestic use.S…
Oil & Gas Trade
Turkey’s Ceyhan Oil Port Disrupted by Weather as Earthquake Damage Assessed
Adverse weather conditions are obstructing loading operations at Turkey’s Ceyhan port, where the impact of Monday’s immense twin earthquakes is stil…
Crude Oil
Major Oil Traders Cut Russian Crude Purchases Starting Next Month
Major crude trading houses are set to slash their purchases of Russian crude oil and crude products starting mid-May, anonymous Reuters sources said on Thursday…
Crude Oil
Oil Markets Hit Multiple Records as Russia Sanctions Bite, Disrupt Trade Flows
Oil benchmarks are hitting multiple price and spread milestones across several key markets as the fallout from severe sanctions on key exporter Russia sows conf…
Oil & Gas Trade
World’s Largest Oil Trader Expects Strong Demand Rebound This Year
Global oil demand is set for a rebound between now and the end of next year, with consumption expected to rise from current levels by as much as 8 million barre…
Crude Oil
China Cuts Saudi, Russia Crude Imports in March
China imported less crude from top suppliers Saudi Arabia and Russia in March compared to a month earlier, while boosting arrivals from Brazil and the UAE, cust…
Crude Oil
UAE Presents Phenomenal Plan To Boost Its Position As Oil Hub
The first of these developments - announced by UAE Vice President and Prime Minister, Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister o…
LNG
The World’s Largest Oil Trader Just Sent LNG Prices Soaring
Three trades for liquefied natural gas cargoes executed by commodity trading major Vitol made the company the talk of the LNG town as it pushed the Asian region…
Crude Oil
World’s No.1 Oil Trader Sees Crude Inventories Shrinking This Year
Vitol Group, the world’s largest independent oil trader, expects global oil inventories to continue drawing down for the rest of the year, unlike its rivals an…
Oil Price
The Oil Countries Suffering Most from the Oil Price Crash
The world's largest oil trader has seen its first-quarter net profit fall by 70%.

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Oil trade

Vitol Steps up Venezuela Oil Buying Before U.S. License Lapses

Oil Trade Group Pushes Us for National Ethanol Policy After EPA Okays Midwest Expansion

Oil Trader Faces Lawsuit Over Company Hit by US-Iran Sanctions

Conocophillips Seeks to Keep Priority as Creditor in Citgo Auction

Bankrupt oil trader Lord Energy sues UAE and ADNOC in $2.8 bln fraud claim

Saudi Arabia Imports Russian Oil, Sends Its Own Supplies to EU

Turkey’s Ceyhan Oil Port Disrupted by Weather as Earthquake Damage Assessed

Major Oil Traders Cut Russian Crude Purchases Starting Next Month

Oil Markets Hit Multiple Records as Russia Sanctions Bite, Disrupt Trade Flows

World’s Largest Oil Trader Expects Strong Demand Rebound This Year

China Cuts Saudi, Russia Crude Imports in March

UAE Presents Phenomenal Plan To Boost Its Position As Oil Hub

The World’s Largest Oil Trader Just Sent LNG Prices Soaring

World’s No.1 Oil Trader Sees Crude Inventories Shrinking This Year

The Oil Countries Suffering Most from the Oil Price Crash