The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
SINGAPORE — Vitol is eyeing the metals market with global petroleum demand expected to peak in a decade, signaled Russell ...
Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand ...
Vitol Group, the world’s largest independent oil trader, is hedging its bets and seeks to expand into metals crucial for the energy transition ...
Tether has entered the global commodities market by financing a $45 million crude oil transaction in October 2024.
(Bloomberg) -- Oil rose, tracking equity markets, as traders digested competing narratives on how Donald Trump’s presidency will affect the crude market. West Texas Intermediate advanced 0.9% to ...
Oil traders snapped up bullish bets on US crude futures to protect against the chance that prices could spike toward $100 a barrel if Middle East tensions ratchet up in the days after the US election.
Hedging can help producers reduce risk and protect their production from sharp moves in the market by locking in a price for ...
WTI crude oil is typically the benchmark for U.S. oil prices in the trading world. Brent crude is a sweet, light blend of oils extracted from the North Sea near Europe. Brent crude is oil ...