Oil price falls on Wednesday, early in the European session. WTI trades at $70.47 per barrel, down from Tuesday’s close at $70.91. Brent Oil Exchange Rate (Brent crude) is also shedding ground, ...

Higher volumes of crude oil and refined products trading helped Gunvor, one of the world’s biggest independent commodity traders, raise its revenues for 2024 to $136 billion, up from $127 billio ...

Implement Robust Risk Management Strategies. Due to the high volatility of oil markets, effective risk management must be employed. This includes stop-loss orders, take-profits, portfolio ...

The U.K. sanctioned a secretive oil-trading company that it described as a linchpin in Russia’s oil market, part of measures ...