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February 27, 2024
A U.S. federal jury has convicted a former Vitol trader of bribery and money laundering in connection with a sprawling scheme to secure contracts in L...
February 27, 2024
From US-based UnitedHealth facing outages following ransomware attack and Googles bullish attitude towards AI, to China opposing US sanctions, heres a look at recent business developments from around the world
February 27, 2024
Under the agreement, EOG will supply 180,000 million British thermal units per day (MMBtu/d) of natural gas.
February 27, 2024
Global oil demand is expected to peak in the early 2030s, the CEO of oil and gas trader Vitol, Russel Hardy, told the Energy Institute conference on Tuesday.... -February 27, 2024 at 11:15 am EST - MarketScreener
February 27, 2024
Oil prices rose more than $1 a barrel on Tuesday as sources said OPEC+ is considering extending voluntary oil output cuts into the second quarter to provide additional support. Brent crude futures rose $1.12, or 1.4%, to $83.65 a barrel, while U.S. West Texas Intermediate crude futures (WTI) were up $1.29, or 1.7%, at $78.87. "We are going to see some tight supplies down the road," said Dennis Kissler, senior vice president of trading at BOK Financial.
February 27, 2024
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
February 27, 2024
Global crude oil markets are expected to be fairly stable this year at around $80 a barrel, Russel Hardy, CEO of oil and gas trader Vitol, said on Tuesday.
February 27, 2024
LONDON (Reuters) -Global crude oil markets are expected to be fairly stable this year at around $80 a barrel, Russel Hardy, CEO of oil and gas trader Vitol, said on Tuesday. Speaking at the Energy Institute conference, Hardy also said global oil demand is expected to peak in the early 2030s. "Oil demand has a good few number of years still to climb ... before it plateaus," Hardy said.
February 27, 2024
MOSCOW: Russia on Tuesday ordered a six-month ban on gasoline exports from March 1 to keep prices stable amid rising demand from consumers and farmers and to allow for maintenance of refineries in...
February 27, 2024
HOUSTON: Oil prices rose more than US$1 a barrel on Tuesday (Feb 27) as sources said Opec+ is considering extending voluntary oil output cuts into the...