Keyword: Glencore

News

Vitol's Dominance Grows in Cash European Oil Markets

19.02.2013 - Top oil trader Vitol is increasingly dominant in European oil markets, taking a stranglehold on Urals crude to the Mediterranean and the naphtha and gas oil markets that rival...

News

Glencore, Vitol in $10 Billion Loan to Buy Rosneft Crude

28.01.2013 - Commodity traders Glencore International and Vitol have asked banks for a $10 billion syndicated loan to finance the purchase of up to 67 million tons of crude oil from Russian...

News

Potash Piles up as India Stops Buying

16.06.2012 - A dramatic buildup in North American potash inventories is largely due to a lack of sales to India, but the situation will not last long term, the CEO of Agrium said on Friday...

News

Diesel Demand Jumps In Mediterranean, Prices Rise

07.07.2011 - Demand for diesel in the Mediterranean has jumped and refiners in Greece, Italy and Turkey have bought at least 150,000 tons of the refined product, traders said on Wednesday....

News

Asia Naphtha/Gasoline-Cracks Plunge to Near 2-Week Low

28.06.2011 - Asia's naphtha price fell to its lowest in five months on Monday, while cracks hit a near two-week low as ample supplies remained an issue for sellers. The weak fundamentals were...

News

Europe Gasoline-Prices Dip In Subdued Trade, Rhine In Focus

25.01.2011 - Gasoline barge prices in northwest Europe dipped slightly on Monday as activity remained subdued following last week's volatile price swings and the Rhine remained partly closed to...

News

Glencore Profit Surges on Metals Price Rebound

26.08.2010 - Switzerland's Glencore International, the mining and commodities trading giant, said on Thursday first half net income jumped 42%, spurred by a sharp rise in metal prices. Revenues...

News

Lukoil Trading Arm Litasco Not Selling to Iran

13.08.2010 - The head of the trading arm of Lukoil said on Thursday his company Litasco was not selling gasoline to Iran, one day after traders said sales had resumed despite U.S. and EU...