While analysts and investors largely expect to see lower earnings at the world’s top oil and gas majors for the second quarter, due to weaker oil prices, they have fewer clues about the trading ...
Top Western commodity traders like Vitol, Trafigura, Gunvor, and Mercuria say they’re ready to resume Russian oil trading. Russia has entrenched itself in Asian markets, using shadow fleets and ...
Just before crude oil hit its record high in mid-2008, 15 of the world’s largest banks were betting that prices would fall, according to private trading data released by US Senator Bernie Sanders, a ...
LONDON (Reuters) -BP said it expects upstream production to rise in the third quarter, reversing earlier guidance for a slight decline, but flagged weak oil trading performance in a trading update ...
NEW YORK/HOUSTON, Jan 21 (Reuters) - Warren Buffett's Pilot Co is shuttering its international oil trading business, ending an excursion into the trillion-dollar global market to refocus on its Pilot ...