Trafigura and leading banks warn that a wave of new oil supply and weakening demand could trigger a significant global crude ...

New and lesser-known trading companies, primarily incorporated outside of Europe, have significantly handled Russian oil trades since the Western pullout. Nord Axis Ltd and Coral Energy, both ...

Gunvor said billionaire founder Torbjörn Törnqvist would leave the commodities-trading company and sell his stake to ...

As the world grapples with the pressing issue of climate change and endeavors to curtail greenhouse gas emissions, carbon credits have emerged as a critical tool in this endeavor. Concurrently, the ...

Torbjörn Törnqvist, co-founder of Gunvor Group Ltd. and one of oil trading’s most senior executives, famously said about his industry: “There’s a lot of skeletons, and many of them, most of them, will ...

Stephen Schork, the Principal and Editor of The Schork Group, discusses the different factors at play in the oil markets. He ...

[Stay on top of transportation news: Get TTNews in your inbox.] The world’s top commodity merchants are grappling with a tougher environment for trading oil as seismic market events of the past few ...

With energy stocks the only green sector in yesterday's broad market rout as war in Ukraine dominates markets... .... on a historic basis the group still has a long ...

Berkshire Hathaway's (NYSE:BRK.A) (NYSE:BRK.B) Pilot Co is shuttering its international oil trading business, with the aim of refocusing on its Pilot Flying J service stations and truck stops in the U ...

Over the past three years, giant trading houses and trading desks of Big Oil companies have taken advantage of the extreme volatility in oil and energy prices to make a killing in the markets.

In the end nothing seems to have impressed the oil market bulls as crude trading in 2023 reached its conclusion in London on Friday (December 29, 2023) with oil benchmarks down by 11% on an annualized ...

Trafigura and other oil traders stored oil onshore and aboard supertankers while they waited for prices to climb back up. Trafigura, one of a clutch of privately held oil trading firms, reminded the ...