Page 7 - Vitol News Today

Get latest articles and stories on Business at LatestLY. According to S&P Global Commodity Insights, Russell Hardy, the CEO of Vitol, delivered this forecast, indicating that spot crude prices could surge to USD 100/b later this year if Organization of the Petroleum Exporting Countries (OPEC+) continues its production discipline and persists in withholding crude from global markets. Business News | Crude Oil Prices Can Hit USD 100 a Barrel in 2024 if OPEC Maintains Cuts: Vitol CEO Russe...

The world’s largest independent oil trader sees crude oil prices trading in the range between $80 and $100 per barrel this year.

Oil prices will trade in a range of $80-$100 per barrel and global oil demand will grow by 1.9 million barrels per day in 2024, Russell Hardy, chief executive of the worlds largest energy trader... -April 09, 2024 at 05:30 am EDT - MarketScreener

Commodities traders earned record profits in 2023 as prices for items ranging from gold and oil to copper and corn remained elevated. Commodities brokers have been enjoying windfall profits ever since Russia invaded Ukraine in early 2022, disrupting ...

The world’s top independent oil trader, Vitol, booked a net profit of $13 billion for 2023, wrapping up a second consecutive year of very high net income following record 2022 earnings, the Financial Times reported on Monday, quoting sources familiar ...

Shares poised to advance as US shares steady; Dubber CEO sacked; US Federal Reserve Bank of Atlanta president reiterated his expectation for one interest rate cut this year; gold extends rally. Follow updates here.

Crude prices are likely to stay between $80 and $100 a barrel this year, according to Vitol Group.

Nigerias state-oil company NNPC owes around $3 billion to fuel traders for imported petrol, three sources told Reuters, as the tumbling naira currency and rising global fuel prices have increased...

The worlds top energy trader Vitol made a net profit of $13 billion in 2023, the Financial Times said on Monday citing people with knowledge of the companys results. (Reporting by Rishabh Jaiswal in... -April 08, 2024 at 12:10 am EDT - MarketScreener

Continued energy market turmoil has seen Vitol, the world's largest commodity trading group, post another set of strong annual results.