Vitol and Trafigura, armed with special U.S. licenses, are offering Venezuelan crude to Chinese and Indian refiners, marking ...
Simultaneous geopolitical flare‑ups in Venezuela, Iran and the Black Sea have pushed oil prices to a three‑month high, ...
Global oil trading houses have reportedly taken the lead in securing deals for Venezuelan crude, outpacing U.S. energy majors ...
Glencore (GLNCY) could gain from renewed Venezuelan oil flows and heavy crude demand. Read the latest analysis on the stock ...
Speculators are caught short as the ‘glut’ quietly drains away. With Venezuela drawing floating barrels, the risk of an Iranian attack rising, a polar vortex hitting US supply and China and India ...
NEW YORK, Nov 24 (Reuters) - Commodities trader BB Energy has laid off over a dozen people from its Houston office, and parted with some oil traders in a major restructuring of its operations, ...
WTI trades near $59 after a more than 4% drop erased most of this week’s gains. Crude remains below all major moving averages ...
Equatorial Guinea, OPEC's smallest producer, is seeking $300 million in prepaid deals from commodity traders for future crude ...