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 ...
26 Apr, 2026, 12.16 AM IST
Commodity traders now cozy up to TrumpDonald Trump's administration is actively engaging in commodity dealmaking, a significant shift for historically apolitical traders. Proxim...
21 Apr, 2026, 06.15 AM IST
India's oil-demand growth set to outpace China, says Trafigura GroupIndia's oil demand is expected to surpass China's this year. This excludes China's strategic stockpiling. Urbanization and rising incomes a...
08 Sep, 2025, 11.43 AM IST
Trump’s tariff threat sparks global race to get copper to the USTrump's potential copper tariffs have created an opportunity for global traders, leading to increased shipments to the US. The price gap be...
27 Feb, 2025, 09.19 AM IST
Vedanta parent raises $450 million from two rivalsVRL has raised $200 million in finance from commodities trading company Trafigura Group and $250 million from mining and natural resources ...
04 Jun, 2023, 10.57 AM IST
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...
12 Jan, 2023, 12.59 PM IST
Nayara Energy exports 80% of fuel to Asia, Africa; none to EUNayara, which operates a 20 million tonnes a year oil refinery at Vadinar in Gujarat, exported 4.46 million tonnes of petroleum products in...
21 Nov, 2022, 03.59 PM IST
Sanctions may delay Rosneft's India ops expansionRosneft owns a 49% stake in Nayara Energy, which operates a 20 million tonnes a year refinery in Gujarat and more than 6,000 fuel retail ou...
02 Mar, 2022, 05.44 PM IST
Polycab India jumps 22% on market debutThe Rs 1,345 crore IPO, which was sold between April 5 and April 9, was subscribed 52 times.
16 Apr, 2019, 04.56 PM IST
Trafigura denied licence to operate fuel pumps in IndiaGeneva-headquartered company’s investment here not enough to make it eligible for a licence.
29 Oct, 2018, 10.57 PM IST
Calls for $100 crude oil are back: 'We’re nowhere near the end of this rally'Oil has been rallying as worries about Iran sanctions, which kick in on November 4.
04 Oct, 2018, 10.03 AM IST
Nayara Energy raises Rs 2,400 crore to refinance short-term debtNayara Energy is an integrated oil refining and marketing company, operating India’s second largest single site refinery.
08 Aug, 2018, 02.45 PM IST
Nayara Energy raises Rs 2,400 crore via bondsNayara, owned by Russia's Rosneft and Trafigura-UCP, saw its Rs 1,500 crore issue being over-subscribed by 60%.
07 Aug, 2018, 04.54 PM IST
Rosneft deal: Billionaire Ruia brothers' stake in Essar Oil may fall below 10%Rosneft to acquire 49%, Trafigura 24% at around $6-billion equity valuation; third investor likely; announcement expected at BRICS meet
13 Oct, 2016, 06.55 AM IST
Essar nears sale of $6.5bn refinery arm to RosneftThe board of Rosneft, which signed a non-binding pact on the potential purchase in July 2015, plans to meet on October 13 to approve the tr...
08 Oct, 2016, 04.49 PM IST
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.
16 Jul, 2014, 06.18 PM IST
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.
16 Jul, 2014, 11.04 AM IST