Global Refiners Are Cutting Out Oil Traders To Buy Venezuelan Crude Directly
Commodity traders are having the rug pulled out from under one of their biggest paydays yet as refiners…
Swiss funds with US$270 bil to blacklist big oil’s bonds
Swiss institutional investors managing more than US$270 billion in combined assets plan to stop buying debt issued by…
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…
Venezuelan oil flows to Europe begin with Trafigura sale
Vitol is separately shipping a cargo of Venezuelan oil to its Saras refinery in Italy as part of…
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…
US refiners seek direct Venezuelan crude deals with PDVSA
Valero, the second-largest US refiner and a top buyer of Venezuelan oil from Chevron, plans to buy directly…