Edition:
United Kingdom

Julia Payne

Exclusive: Glencore loses exclusive rights to major Libyan oil grades

10 Jan 2019

LONDON Trading and mining giant Glencore has lost its exclusive marketing rights for two of Libya's main crude oil export grades after holding them since late 2015, trading sources with direct knowledge said.

Exclusive: Glencore loses exclusive marketing rights to two Libyan crude grades

10 Jan 2019

LONDON Trading and mining giant Glencore has lost its exclusive marketing rights for two of Libya's main crude oil export grades after holding those rights since the end of 2015, trading sources with direct knowledge said.

Turkey resumes Iranian oil imports under U.S. sanctions waiver

08 Jan 2019

LONDON Turkey has resumed imports of Iranian crude oil after a one-month hiatus in November when U.S. sanctions on Iran were reimposed, trading and shipping sources said.

UPDATE 7-Brent crude rises but set for first yearly drop since 2015

31 Dec 2018

LONDON, Dec 31 Oil prices rose more than 2 percent on the final day of the year, mirroring gains in stock markets, but were on track for their first annual decline in three years as concerns of a persistent supply glut lingered.

Vitol, rival oil traders in spotlight of Brazil bribery probe

13 Dec 2018

SAO PAULO/LONDON Brazil's epic "Car Wash" corruption investigation has taken down presidents and elite businessmen, and led to the largest corporate leniency deal ever signed.

Vitol, rival oil traders in spotlight of Brazil bribery probe

13 Dec 2018

SAO PAULO/LONDON Brazil's epic "Car Wash" corruption investigation has taken down presidents and elite businessmen, and led to the largest corporate leniency deal ever signed.

INSIGHT-Vitol, rival oil traders in spotlight of Brazil bribery probe

13 Dec 2018

* Prosecutors say their focus turning to foreign oil companies

Oil margin pressure takes shine off Trafigura's annual profits

10 Dec 2018

LONDON Global commodity trader Trafigura Group reported its lowest annual net profit in eight years on Monday as a drop in oil trading margins offset a strong performance by its metals and minerals division.

RPT-Glencore's Singapore head of oil becomes LNG boss as Mark Catton retires

05 Dec 2018

* Chin Thean Quek takes over from Mark Catton as LNG director

Glencore's Singapore head of oil becomes LNG boss as Mark Catton retires

04 Dec 2018

LONDON Glencore's head of oil in Singapore Chin Thean Quek has become the new director of the company's liquefied natural gas (LNG) division after veteran Mark Catton retired at the end of October, sources familiar with the matter said.

World News