Petroleum minister Puri talks to Opec about ensuring balance and predictable global oil market
New Delhi: Union petroleum and natural gas minister Hardeep Singh Puri has spoken to Haitham Al Ghais, the…
Citgo Auction: Contrarian Funds, Gold Reserve, and Vitol Refine Offers – News and Statistics
May 21, 2025 As the competition for the acquisition of Citgo Petroleum intensifies, groups led by affiliates of…
Vitol steps up Venezuela oil buying before U.S. license lapses
(Bloomberg) — Vitol Group has stepped up oil purchases in Venezuela in the final weeks of a U.S.…
Vitol-Carlyle Group Buys Swedish Refiner to Boost Biofuels Business
Varo Energy, owned by the world’s biggest independent oil trader, Vitol, and the Carlyle Group, has reached a…
Oil’s Oversupply Spiral: Can Prices Stay Above $60?
The International Energy Agency just threw a bucket of ice water on oil bulls, reporting that crude supply…
Houston Oil and Gas Conference: Balancing Optimism with Market Concerns – News and Statistics
Mar 12, 2025 The annual oil and gas conference in Houston has exuded optimism about the industry’s prospects…
Vitol Expects Oil Demand to Remain Robust Until 2040
Crude oil demand will remain at current levels over the next 15 years at least, commodity trading major…