Vitol Group looks to enter Japanese power market
European energy and commodity trading company Vitol Group is assessing the potential of entering the Japanese electricity trading space.
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European energy and commodity trading company Vitol Group is assessing the potential of entering the Japanese electricity trading space.
Japan's power market is attracting more overseas firms due to increased volatility amid shifts away from fossil fuels
Consumers in India are highly price sensitive, and affordable gas pricing is the only way to ensure that they do not switch to other fuels, said Sanjay Kumar, Director (Marketing).
Vitol is exploring options to trade physical electricity which may include setting up a domestic office in Japan.
Oil prices continued their sideways journey, with some bullishness emerging from weak US retail sales swiftly quashed by new escalation in the Middle East, with Israel attacking Rafah and the Houthis expected to retaliate soon.