The global oil trade is a complex and highly lucrative industry that relies on accurate analysis of crude oil samples. Ensuring the quality, origin, and authenticity of oil samples is crucial for ...

While analysts and investors largely expect to see lower earnings at the world’s top oil and gas majors for the second quarter, due to weaker oil prices, they have fewer clues about the trading ...

Crude oil futures were returning some of Monday’s gains made after OPEC+ said it would unwind another 137,000 barrels a day of output cuts in November, less than many in the market had feared.

Top Western commodity traders like Vitol, Trafigura, Gunvor, and Mercuria say they’re ready to resume Russian oil trading. Russia has entrenched itself in Asian markets, using shadow fleets and ...

Torbjörn Törnqvist, co-founder of Gunvor Group Ltd. and one of oil trading’s most senior executives, famously said about his industry: “There’s a lot of skeletons, and many of them, most of them, will ...

[Stay on top of transportation news: Get TTNews in your inbox.] The world’s top commodity merchants are grappling with a tougher environment for trading oil as seismic market events of the past few ...

BP on Tuesday posted third-quarter profit that fell well short of analysts' forecasts, dragged by weaker refining margins and oil trading. It reported net profit of $206 million, a massive decline ...

BP Plc achieved a stronger oil-trading performance than its rivals during a volatile second quarter by sticking to shorter-duration trades. As President Donald Trump’s trade tariffs and a war in the ...