Oil Price Rally Boosts Glencore’s First-Half Profit
Commodity producing and trading giant Glencore booked a $4.4-billion net income for the first half of the year,…
Middle East turmoil boosts Glencore to R72bn profit
Glencore has made a sharp turnaround in profit as the Middle East conflict has fuelled commodity trading gains.…
Glencore has its sights set on an Australian listing
Glencore plans to seek a secondary listing on the Australian Securities Exchange (ASX), targeting an October admission as…
Vitol Eyes Venezuela Expansion as Oil Industry Returns
Commodity trading major Vitol is planning to establish a presence in Venezuela amid a surge in interest in…
Eni, Mercuria to combine oil and LNG trading operations
(Bloomberg) – Italian oil company Eni SpA and commodity merchant Mercuria Energy Group Ltd. signed an agreement to…
Glencore, Trafigura said set to invest in Merdeka’s HK listing
Glencore, Mercuria Energy Group and Trafigura Group are among key investors planning to buy shares in the Hong…
Gunvor’s Geneva office searched by Swiss prosecutor in corruption investigation
LONDON, June 2 ((Reuters)) – Global commodity trading house Gunvor’s office in Geneva was searched by Swiss prosecutors…
Energy trader Vitol reorganises derivatives team after losses — Bloomberg
Vitol as a whole has made a profit for both March and the first quarter, said a person…
Exclusive-Traders Vitol and Trafigura join White House Venezuela oil talks
By Dmitry Zhdannikov, Shariq Khan and Robert Harvey LONDON/NEW YORK, Jan 8 (Reuters) – U.S. President Donald Trump’s…
White House Invites Vitol, Trafigura For Venezuelan Oil Talks
U.S. President Donald Trump has invited heads of commodity trading firms, Vitol and Trafigura, to the White House…
Vitol’s New License: Implications for Venezuelan Oil Market
Vitol’s License and Future Operations By Arathy Somasekhar, Dmitry Zhdannikov and Shariq Khan Details of the Preliminary License…
Vitol’s $10.6 Billion Share Buyback: Key Insights for 2024
Vitol’s Share Buyback Strategy LONDON (Reuters) -Global commodity trading house Vitol Group paid $10.6 billion to employees who…