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Julia Payne

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

20 Jul 2018

Turkey's Tupras reduces Iranian crude purchases as U.S. sanctions loom

ISTANBUL/LONDON Turkey's biggest oil importer Tupras has cut back purchases of Iranian crude since May, when the United States said it would re-impose sanctions on Tehran, and analysts say Tupras is likely to stick to lower volumes in coming months.

18 Jul 2018

Socar's oil trading arm rolls back expansion after weak profits

LONDON Azerbaijan's Socar is refocusing its trading arm's activities on LNG and its new Turkish refinery while winding down less profitable trades as it feels the sting of weak profits, sources familiar with the matter said.

18 Jul 2018

Vitol invests in coal-to-oil venture as UN shipping fuel rules loom

LONDON, July 18 Energy trader Vitol and coal miner Peabody Energy are partnering with start-up Arq to turn coal waste into a low-sulphur oil product that could be an alternative fuel for shippers as new U.N. pollution rules loom, the companies said in a statement.

15 Jul 2018

U.S. oil boom delivers surprise for traders - and it's costly

LONDON/NEW YORK The world's biggest oil traders are counting hefty losses after a surprise doubling in the price discount of U.S. light crude to benchmark Brent in just a month, as surging U.S production upends the market.

04 Jul 2018

Vitol to offer $650 million more to Kazakhstan in oil prepayment deal

LONDON/ALMATY/MOSCOW Major European trader Vitol is set to increase its cash-for-oil deal with Kazakhstan's state energy firm by offering about $650 million or more to finance the Kashagan oilfield, sources familiar with the matter said.

03 Jul 2018

U.S. slaps Glencore with subpoena as part of money-laundering probe

LONDON U.S. authorities have demanded Glencore hand over documents about its business in the Democratic Republic of Congo, Venezuela and Nigeria as part of a corruption probe, sending the mining company's shares down more than 8 percent. | Video

29 Jun 2018

Former Shell oil trading boss Muller joins Vitol

LONDON The world's largest independent oil trading house Vitol is hiring Mike Muller, the former head of crude oil trading at Royal Dutch Shell and once one of Vitol's biggest rivals, a source familiar with the matter said.

29 Jun 2018

Spooked by Trump, Europe's Iranian oil purchases set to plummet

LONDON European refiners are cutting purchases of Iranian oil faster than expected as the U.S. prepares to reimpose sanctions on Iran, threatening a more severe impact than the last round of punitive measures in 2012 even though the EU has not joined in.

20 Jun 2018

Total's North Sea oilfield workers hold strike ballot

LONDON Britain's biggest labour union is balloting rig workers at three of Total's North Sea oil platforms over a potential strike due to the company's refusal to reduce the number of unpaid working days, the union said on Wednesday.

18 Jun 2018

Exclusive: Vitol-led group in talks to buy Nigeria assets from Petrobras - sources

LONDON A consortium led by top oil trader Vitol has entered exclusive talks to acquire stakes in Nigerian offshore fields that are held by Brazil's Petrobras and its partners, industry sources said.

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