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There were also bright spots in the statement, which comes ahead of official second-quarter earnings on Aug. 5.
Vitol Group, the world’s largest independent oil trading company, posted a record profit of $4.2 billion last year as it benefited from soaring energy prices.. Those earnings allowed it to hand ...
DUBAI (Reuters) – At its peak around five years ago, the Al Sari family owned the largest independent oil trader in the Gulf region, with branches in London and Singapore, and a fleet of doze… ...
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
Warren Buffett's Pilot Co is shuttering its international oil trading business, ending an excursion into the trillion-dollar global market to refocus on its Pilot Flying J service stations and ...
In September 2020, oil was trading at about $40 a barrel—more than $100 less than oil prices at their highest. In December 2019, oil was trading at approximately $60 a barrel.
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