Glencore’s Traders Score Big Profits as War Rattles Energy Markets
(Bloomberg) — Glencore Plc’s trading team made bumper profits as the Iran war roiled global commodity markets, with…
Switzerland backs a global phase‑out roadmap
The production and consumption of fossil fuels account for 68% of global greenhouse gas emissions. Copyright 2022 The…
Coal as a Market Hedge
Strait of Hormuz tensions create LNG market pressure, positioning Glencore to profit from thermal coal demand and energy…
Coal as a Market Hedge
Strait of Hormuz tensions create LNG market pressure, positioning Glencore to profit from thermal coal demand and energy…
Venezuelan Oil Moves Into the Caribbean as US Trade Links Forged
(Bloomberg) — Tankers have begun discharging Venezuelan crude at Caribbean islands, publicly signaling their activity in a move…
Trading Giants Want to Sell Venezuela Oil to Big Asia Buyers
(Bloomberg) — Vitol Group and Trafigura Group are in talks with large Indian and Chinese refiners over potential…
Glencore’s CEO Is Privately Telling Investors He Expects Another Shot at Rio Tinto
The merger that would create the world’s largest mining company collapsed in February. Glencore‘s (LON: GLEN) CEO is…
Coal rally raises Glencore hopes of reviving Rio Tinto talks – report
Glencore is hopeful that a recent rally in coal prices and a shift in relative share performance could…
Vitol, Trafigura Are in Talks With US Refiners to Gauge Interest in Venezuelan Oil
(Bloomberg) — Trafigura Group and Vitol Group, two of the world’s largest commodities trading houses, are in discussions…
Vitol Offers Venezuelan Crude Oil to China at Narrower Discount
(Bloomberg) — Vitol Group has offered Venezuelan cargoes to Chinese buyers at discounts of around $5 a barrel…
Vitol, Trafigura Are in Talks With US Refiners to Gauge Interest in Venezuelan Oil (1)
(Bloomberg) — Trafigura Group and Vitol Group, two of the world’s largest commodities trading houses, are in discussions…
Vitol Part of Consortium for South Africa LNG-to-Power Project
(Bloomberg) — Vitol Group is part of a consortium proposing a gas-to-power project in South Africa, as the…