Keyword: oil trade


Vitol's Dominance Grows in Cash European Oil Markets

19.02.2013 - Top oil trader Vitol is increasingly dominant in European oil markets, taking a stranglehold on Urals crude to the Mediterranean and the naphtha and gas oil markets that rival...


Glencore, Vitol in $10 Billion Loan to Buy Rosneft Crude

28.01.2013 - Commodity traders Glencore International and Vitol have asked banks for a $10 billion syndicated loan to finance the purchase of up to 67 million tons of crude oil from Russian...


China's Sinopec to Build Big Oil Storage in Indonesia

09.10.2012 - China's Sinopec has started work to build Southeast Asia's largest oil storage terminal at Indonesia's Batam Free Trade Zone, industry sources said on Tuesday. The first phase of...