The on-again, off-again nature of Trump’s tariff pronouncements was making it more difficult for oil trading companies to do basic calculations on oil prices and how trade flows could change ...
Hedging is a popular trading strategy frequently used by oil and gas producers, airlines and other heavy consumers of energy commodities to protect themselves against market fluctuations.
Higher volumes of crude oil and refined products trading helped Gunvor, one of the world’s biggest independent commodity traders, raise its revenues for 2024 to $136 billion, up from $127 billio ...
Oil prices were already trading some 4% lower prior to the meeting, with investors worried Trump's tariffs would escalate a global trade war, curtail economic growth and limit fuel demand.
Crypto would likely continue to be used in Russian oil trading, one of the four sources said, even if sanctions are lifted and the dollar can be used again. It is a convenient tool and helps run ...
The two trading houses also secured copper from the massive Tenke Fungurume mine, majority-owned by China’s CMOC Group. Better known in oil, natural gas and power, Mercuria expects to move about ...
KUALA LUMPUR, MALAYSIA - Media OutReach Neswire - 28 March 2025 - As of March 2025, Brent crude oil prices have experienced fluctuations: its price traded between $68.30 and slightly above $73 per ...
HOUSTON (Reuters) -Oil settled largely unchanged in choppy ... senior vice president of trading at BOK Financial. Russia said it will seek a peace deal in Ukraine that safeguards its own long ...
Some Russian oil companies are using bitcoin, ether and stablecoins such as Tether to smooth the conversion with trading countries, a Reuters report said. Russia is using cryptocurrencies in its ...