World’s Top Oil Trader Hit by Massive Loss on Bets Gone Wrong
The legendary derivatives trading team at Vitol Group, the world’s largest oil trader, has reportedly lost hundreds of…
Ceasefire spurs Glencore, Taiwan CPC to book tankers for Middle East oil
By Florence Tan and Ben Blanchard Singapore/Taipei — Taiwan’s state refiner CPC and trader Glencore have chartered tankers…
CPC, Glencore book tankers to load Middle East oil
By Florence Tan and Ben Blanchard / Reuters, SINGAPORE and TAIPEI State-owned oil refiner CPC Corp, Taiwan (台灣中油)…
UBS Trims S&P 500 Forecast Amid Oil Price Fears, Shares Rally
UBS shares rebound above 200-day moving average as its strategists cut S&P 500 targets, citing Middle East conflict…
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…
Indian Refiners Shut Out of Venezuelan Crude as U.S. Absorbs Most Volumes: ‘Offers Are Not There’
Oil facility of Venezuela’s state oil company PDVSA Reuters Indian oil refiners are receiving only limited offers of…
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 Loading Signals Restart for Venezuela Oil Exports After Maduro Capture
Updated: February 14, 2026 (Originally published January 20, 2026) By Lucia Kassai (Bloomberg) — Commodities trader Vitol Group loaded…
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…
Trading Giant Vitol Buys Stake In Ivory Coast Oilfield from Eni
Eni has finalized the sale of a 30% interest in Côte d’Ivoire’s Baleine offshore project to Vitol, reshaping…