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About 530 results for "vitol group"

World's biggest oil trader sees $50 floor
Irish Independent

World's biggest oil trader sees $50 floor

Vitol Group, the world's biggest independent oil trader, said crude prices won't drop below $50 a barrel for sustained periods - because that's a level some producers need in order to invest in new supply. Vitol Group, the world's biggest ... Irish Independent, 3 weeks ago

3 images for "vitol group"

Irish Independent, 3 weeks ago
MSN UK, 4 weeks ago
Business Times Singapore, 3 weeks ago

Vitol Said to Post Highest Profit Since 2011 as Oil Prices Swing

(Bloomberg) -- Vitol Group earned $1.35 billion last year, the most since 2011, as the world's largest independent oil trader profited from price swings in the energy market, a person familiar with the company's accounts said. Vitol is owned by ...
 Bloomberg2 months ago Vitol trading revenues decreased by 12% in 2014  Kazakh TV2 months ago Vitol BV : 2014 Results  4 Traders2 months ago Vitol 2014 revenues slip to $270 billion, lowest since 2010 Reuters  MSN UK2 months ago

VTTI to start second phase of Malaysia oil terminal in August

SINGAPORE May 21 (Reuters) - VTTI, the storage unit of trading firm Vitol, will start the second phase of its Tanjung Bin oil terminal in southern Malaysia on Aug. 1, expanding the terminal's capacity by nearly 30 percent, a company official said on ...
 Reuters Africa2 days ago
4 Traders

UPDATE 6-Oil down on bets of another U.S. crude stock build

* U.S. crude inventories expected to have risen last week * Vitol CEO sees lower prices in Q2 2015 * Coming up: API inventory data for U.S. crude at 2030 GMT (Recasts and updates prices and comments to U.S. session; ...
 CNBC1 month ago Oil down as Saudis end Yemen bombing; traders eye crude build  Sharenet1 month ago Oil down on bets of another U.S. crude stock build  Sharenet1 month ago Oil Prices Fall As Saudis End Yemen Air Strikes  Businessworld India1 month ago

Vitol hopes to hedge low refining margins in 2015

By MIKE COHEN, GRANT SMITH and PAUL BURKHARDT Bloomberg Price swings in crude oil will ease in the second half of the year and US production will probably start contracting by December, Vitol Groups CEO said, predicting no return to $100/bbl within ...
 Hydrocarbon Processing2 months ago Vitol Sees Oil-Price Stability, Contracting U.S. Production  Bloomberg2 months ago

Blackstone to Export Texas Power to Newly Opened Mexican Market

PM (Bloomberg) -- Blackstone Group LP has won permission to export all of the electricity from a power plant it owns in Texas, giving it a leg up in the race to reap benefits from Mexico's newly opened market. The U.S. Energy Department on ...
 La Repubblica1 month ago
ACQ Magazine

Carlyle Group Raises $2.5 Billion for International Energy Deals

Carlyle Group LP has raised $2.5 billion for an international energy fund as the private equity investor bolsters its oil and gas firepower after the collapse in prices. Marcel van Poecke, head of Carlyle International Energy Partners, said the ...
 ACQ Magazine1 month ago Carlyle Raises $2.5 Billion For Global Energy Deals  Oil and Gas Investor2 months ago Helios plans to raise R300m for oil fund  IOL1 month ago
4 Traders

Oil prices dip below $62 on U.S. stock build

Oil prices dipped under $62 a barrel on Wednesday after industry group data showed a higher-than-expected build of 5.5 million barrels in U.S. inventories of crude oil. Brent for June delivery was down 31 cents at $61.77 a barrel by 0907 GMT. ...
 4 Traders1 month ago Oil prices dip below US$62 on US stock build  Business Times Singapore1 month ago Oil prices dip below $62 on US stock build  Trade Arabia1 month ago Oil Dips Below $62 on U.S. Inventory  Maritime Global News1 month ago

Crude Demand Continues to be Strong on Price Slump

"The low price is now behind us," Torbjorn Tornqvist, CEO of Gunvor Group, told the FT Global Commodities Summit in Lausanne, noting that the current oversupply in the market isn't large and oil prices may have overreacted to the downside. ...
 Morningstar.com1 month ago

Vitol plans Shell expansion

Last year, Royal Dutch Shell left the Australian petrol refining and marketing sector after more than 100 years through the $3 billion sale of its downstream assets to Dutch-owned commodity trader Vitol. Ironically, this will result in the ...
 Business Spectator1 month ago Shell buy fuels Viva expansion plans  Business Spectator1 month ago Royal Dutch Shell A : buy fuels Viva Energys expansion plans  4 Traders1 month ago
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