Vitol Group and Trafigura Group are in talks with large Indian and Chinese refiners over potential sales of Venezuelan crude, days after they obtained a preliminary green light from the US to market the oil.
Vitol Group and Trafigura Group are in talks with large Indian and Chinese refiners over potential sales of Venezuelan crude, days after they obtained a preliminary green light from the US to market the oil.
The silhouette of the Panamanian-flagged crude oil tanker Nord Star on Lake Maracaibo, in Maracaibo, Venezuela, on Jan. 7.
Oil rose to the highest level since early December as unrest in Iran raises the specter of supply disruptions from OPEC’s fourth-biggest producer, with the Wall Street Journal reporting that President Donald Trump is leaning toward striking the country.
Oil rose to the highest level since early December as unrest in Iran raises the specter of supply disruptions from OPEC’s fourth-biggest producer, with the Wall Street Journal reporting that President Donald Trump is leaning toward striking the country.