Mandara Capital, a London-based oil derivatives trading firm, is shutting down after 13 years in the business, amidst a backdrop of record profits for major commodity traders like Trafigura.
Maersk and other major shipping companies have resumed operations through the Suez Canal, bolstered by the deployment of a U.S.-led military operation for protection against Houthi rebel attacks.
The Williams Companies Inc. has agreed to purchase a portfolio of natural gas storage assets from Hartree Partners for approximately $2 billion, aiming to enhance its storage operations and meet growing power demands.
Russia Says Oil Exports Rose By 7% in 2023 Compared To Year Before Ukraine War By Michael Kern of Oilprice.com Russia’s crude oil exports this year will be 7%…