trading

Image for Trading houses beat US majors to first deals for Venezuelan oilFinance

Trading Houses Beat US Majors to First Deals for Venezuelan Oil

Image for Trafigura lifts dividend payments in 2025 despite lower net profitsFinance

Trafigura Lifts Dividend Payments in 2025 Despite Lower Net Profits

Image for Gunvor managers buy out CEO Tornqvist as company seeks 'definitive reset'Finance

Gunvor Managers Buy Out CEO Tornqvist as Company Seeks 'definitive Reset'

Image for Trader BB Energy parts with some Houston traders in major reorganizationFinance

Trader Bb Energy Parts With Some Houston Traders in Major Reorganization

Image for Lukoil trading arm shrinks fast under Western sanctions

Lukoil Trading Arm Shrinks Fast Under Western Sanctions

Date: November 21, 2025

By Ahmad Ghaddar, Shariq Khan and Robert Harvey LONDON/NEW YORK (Reuters) -U.S. sanctions are dismantling what remains of Lukoil's Litasco, once Russia's biggest oil trader and a rival to top Swiss...

Image for Lukoil's overseas network buckles as Western sanctions bite

Lukoil's Overseas Network Buckles as Western Sanctions Bite

Date: November 4, 2025

LONDON (Reuters) -Iraq has cancelled the loading of three crude oil cargoes from Lukoil in November, two market sources said on Tuesday citing concerns over U.S. and UK sanctions on the Russian oil...

Image for Glencore's global head of naphtha Oliver Bowen to join rival Vitol, sources say

Glencore's Global Head of Naphtha Oliver Bowen to Join Rival Vitol, Sources Say

Date: October 21, 2025

By Shariq Khan and Robert Harvey NEW YORK (Reuters) -Glencore's global head of naphtha trading, Oliver Bowen, is set to leave for rival Vitol, four sources told Reuters on Tuesday, making him the...

Image for Glencore promotes head of LNG to lead oil and gas trading, memo shows

Glencore Promotes Head of Lng to Lead Oil and Gas Trading, Memo Shows

Date: September 30, 2025

By Dmitry Zhdannikov LONDON (Reuters) -Glencore has promoted its top gas and power trader Maxim Kolupaev to lead the firm's entire oil and gas trading division when current head Alex Sanna steps down...

Image for Indian Oil Corp plans trading tie up with Vitol; sources say

Indian Oil Corp Plans Trading Tie up With Vitol; Sources Say

Date: September 26, 2025

NEW DELHI (Reuters) -Indian Oil Corp, the country's top refiner, is in talks with European trader Vitol to set up a trading joint venture to expand its exposure in global oil markets, three IOC...

Image for Energy trader BGN expands portfolio into metals

Energy Trader Bgn Expands Portfolio Into Metals

Date: September 16, 2025

By Florence Tan and Amy Lv SINGAPORE/BEIJING (Reuters) -Energy and commodities trader BGN is building a metals trading desk, the Turkish firm said on Tuesday, in a bid to expand business into minerals...