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 ...

Crude oil climbs on rising supply fears after U.S. tanker actions near Venezuela, pushing WTI toward key resistance as ...

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 ...

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

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 ...

[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 ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. U.S. set a record for oil production in December, the ...

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.

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 ...