Vitol Ventures into Venezuela: A New Chapter in Oil Trade
Swiss trading giant Vitol is preparing to establish a presence in Venezuela, signaling strengthened involvement in the South…
Vitol Hires a Former Chevron Executive to Lead Its Expansion in Venezuela and Compete for PDVSA’s Market Share
According to an exclusive report by Reuters, Vitol, one of the world’s largest commodity trading firms based in…
Vitol Ventures into Venezuela: A New Chapter in Oil Trade
Swiss trading giant Vitol is preparing to establish a presence in Venezuela, signaling strengthened involvement in the South…
Vitol’s Strategic Move: Expanding Operations in Venezuela
Global trader Vitol is laying the groundwork for launching an office in Venezuela, according to sources. This strategic…
Valero and Phillips 66 strike early Venezuelan crude purchases
The sources declined to be identified as trade deal information is confidential. Valero, Vitol and Phillips 66 did…
Vitol to load first diluent cargo under Venezuela supply deal
Vitol and its trading peer Trafigura struck agreements with the US Government to help market the stranded Venezuelan…
First diluent cargo expected to enter Venezuela under US supply deal
By Shariq Khan and Marianna Parraga New York/Houston ― Commodities trader Vitol is expected to load the first…
Vitol and Glencore to bid for stake in Chevron’s Singapore refinery
Chevron, Vitol and Glencore declined to comment. Morgan Stanley, appointed to handle the sale of Chevron’s holding in…
Venezuelan oil exports fell 6.5% in Feb. with loss of Chinese market
A lack of very large crude carriers to transport bigger cargoes also limited exports from Venezuela, whose main…
AI Threat Signals Investors Should Shift Bets to Builders — Not Coders, UBS Wealth CIO Says
As artificial intelligence reshapes the global economy, one of Wall Street’s most influential voices is sounding a clear…
Venezuelan oil exports scale up with first VLCC bookings under US pact
Bigger shipments could lower costs The larger cargoes could cut transportation costs for traders and buyers, who have…
Phillips 66, Citgo seek to buy crude directly from Venezuela
(Reuters) U.S. refiners Phillips 66 and Citgo Petroleum are seeking to buy heavy crude directly from Venezuelan state…