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VITOL
Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...- Three oil, LNG tankers exit Hormuz with transponders offTwo supertankers and an LNG tanker, with transponders off, exited the Strait of Hormuz bound for India and China. These vessels, carrying c...
- Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilitiesPakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...
- 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...
- Iran war may crush oil demand today, but send it soaring long termThe Iran war has caused a significant drop in global oil demand, with consumption plummeting due to supply disruptions and record-high fuel...
- Commodity traders now cozy up to TrumpDonald Trump's administration is actively engaging in commodity dealmaking, a significant shift for historically apolitical traders. Proxim...
- Venezuela readies larger oil cargoes for exports, targets IndiaVenezuelan oil exports are set to accelerate. The first Very Large Crude Carriers are now chartered for shipments. This development follows...
- Reliance Industries buys 2 million barrels of Venezuelan oil, traders sayReliance Industries has made a bold move by purchasing two million barrels of oil from Venezuela, marking their first foray into the Venezu...
- Indian Oil–Vitol venture talks stumble: SourcesA planned trading joint venture between Indian Oil Corp and global trader Vitol faces delays. Differences over contract clauses, specifical...
- 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 to team up with Vitol in global trading push, source saysIndian Oil is gearing up for a strategic alliance with international trader Vitol in the coming year. This collaboration, headquartered in ...
- Indian Oil to team up with Vitol in global trading push, source saysIndian Oil is set to partner with global trader Vitol in a new joint venture. This strategic move aims to expand Indian Oil's presence in i...
- Vitol and Glencore set to make formal bids for Chevron's Singapore refinery stake, sources sayCommodities traders Vitol and Glencore are expected to bid for Chevron's 50% stake in Singapore's second-largest refinery, valued at approx...
- GAIL signs pact to buy 1 million tonnes LNG from Vitol AsiaGreat news for India's energy sector. GAIL and Vitol Asia have signed a major gas sales agreement. GAIL will purchase 1 million tonnes of L...
- GAIL signs long-term LNG agreement with Vitol Asia for 1 MMTPA supplyGAIL (India) Limited has solidified a long-term agreement with Vitol Asia to supply approximately 1 MMTPA of LNG for a decade, starting in ...
- GAIL signs 10-year deal with Vitol for LNG supplyGAIL has partnered with global commodity trader Vitol to purchase 1 million tonnes of liquefied natural gas (LNG) annually for ten years. T...
- AT Capital Group and Vitol invest $350 million in Juniper Green EnergySingapore's AT Capital Group and Dutch commodities trading firm Vitol have invested $350 million in Juniper Green Energy, an independent re...
- Sun Mobility raises $50 million from VitolThis strategic investment by Vitol will enable significant acceleration and expansion of Sun Mobility's services across India and select gl...
- UK's Heathrow Airport to use renewable jet fuel for first timeVitol, the world's biggest independent oil trader, is a fuel supplier at Heathrow through its Vitol Aviation arm and expects to deliver mor...
- World's biggest oil trader ends supplies to Iran: CompanyThe largest oil trader in the world, Vitol, said Monday it had stopped dealing with Iran, following a report that traders were pulling out ...
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