Venezuela's oil exports jump to highest since 2018, with more sales to US, IndiaVenezuela’s oil exports rose 14% to 1.23 million barrels per day in April, the highest in over seven years, driven by increased sales to th...
The billion-barrel Hormuz oil shock is about to crash demandThe closure of the Strait of Hormuz is wreaking havoc on global oil supplies. Experts are cautioning that as stockpiles dwindle, demand is ...
Commodity traders now cozy up to TrumpDonald Trump's administration is actively engaging in commodity dealmaking, a significant shift for historically apolitical traders. Proxim...
Vitol, Trafigura offer Venezuelan oil to Indian, Chinese refiners for March delivery: ReportGlobal commodity traders Vitol and Trafigura are in discussions with Indian and Chinese refiners for Venezuelan crude oil sales, with deliv...
Indian Oil agrees to five-year LNG deal with Trafigura, sources sayIndia’s biggest refiner, Indian Oil Corporation, has agreed to a five-year deal to import liquefied natural gas (LNG) from global trading f...
Court rejects JSW Steel, Trafigura request to clear certain met coke importsAn Indian court has rejected requests from JSW Steel and Trafigura to allow certain shipments of met coke, following India’s January restri...
Prateek Gupta loses bid to lift freezing order in Trafigura fraud caseOn Friday, Indian businessman Prateek Gupta's bid to remove a global freezing order on his assets in a Trafigura fraud case was unsuccessfu...
Court to extend freezing order on Indian businessman Prateek Gupta's wife's assets in Trafigura fraud caseCommodity trading firm Trafigura, which sought the order, said in February it had booked a $577 million charge relating to what it alleges ...
Ending ties with Russia's Rosneft, Trafigura sells Nayara stake to Hara Capital SarlThe deal size was not disclosed in the official statement. People involved in the transaction said Hara, a wholly owned subsidiary of Itali...
India's Nayara Energy buys Urals after 1 yearIndian private refiner Nayara Energy, part-owned by Russia's Rosneft, has purchased Russian oil after a gap of a year, buying about 1.8 mil...
Nayara Energy raises $750 million via offshore loanThe erstwhile Essar Oil was sold in August 2017 to Rosneft and Trafigura.
Trafigura denied licence to operate fuel pumps in IndiaGeneva-headquartered company’s investment here not enough to make it eligible for a licence.
Paid a fair price for Essar Oil: Raoul Bajaj of Trafigura IndiaOne of the stakeholders in the Essar Oil deal - Trafigura, says it has unlocked a significant value with this deal. Trafigura India says th...
Trafigura plans to set up $25 million copper wire rod manufacturing facility in IndiaThe company says the subsidiary was set up with an objective to understand and address challenges in India’s commodity and metals industry.
Commodities pare $40 billion of hedge funds' wealth since 2008: ReportThe trader and asset manager said the perception of commodities as an investable asset has been replaced by a 'generalised aversion'.
Trafigura launches online refined metal retail store LYKOSCurrently, the primary metal commodities market in India is worth USD 8.4 billion, and is projected to grow at 5-8 per cent year on year.
Commodity company Trafigura to invest up Rs 1,800 crore in LykosThe money will be used to set up warehouses, online trading platform, and to source metal from the producers.