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.

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 ...

Top Western commodity traders like Vitol, Trafigura, Gunvor, and Mercuria say they’re ready to resume Russian oil trading. Russia has entrenched itself in Asian markets, using shadow fleets and ...

Russia’s oil trade survives through legal loopholes, shell companies, and intermediaries, not tankers alone— making ...

The festive Christmas lull in oil trading saw oil prices post a weekly gain as geopolitical tensions helped push ICE Brent ...

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 ...

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 ...

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 ...

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 ...

Trafigura and other oil traders stored oil onshore and aboard supertankers while they waited for prices to climb back up. Trafigura, one of a clutch of privately held oil trading firms, reminded the ...

In August 1990, Iraqi leader Saddam Hussein invaded is far-smaller neighbor, Kuwait — seizing the nation’s valuable oil fields and setting off a global scramble to rein in his imperialistic ambitions.

NEW YORK/HOUSTON, April 26 (Reuters) - Exxon Mobil’s effort to build an energy trading business to compete with those of European oil majors unraveled quickly last year as the firm slashed the unit’s ...