Edition:
International

Julia Payne

Brace for huge oil volatility, U.S. trading group says

Jun 16 2021

LONDON Oil prices are likely to be extremely volatile in the next few years, driven by supply constraints rather than demand as financing for new production evaporates in favour of renewables, U.S.-based Castleton Commodities International said.

Top trading houses speak at commodities conference

Jun 15 2021

LONDON (Reuters) -Executives from the world’s largest trading houses and mining companies are discussing market trends at the FT Commodities Global Summit this week.

Major traders see oil staying above $70/bbl, $100 not impossible

Jun 15 2021

LONDON The world's biggest oil traders said on Tuesday they see oil prices staying above $70 a barrel with demand expected to return to pre-pandemic levels in the second half of 2022.

Exclusive-Exxon losing veteran oil traders recruited during past expansion -sources

Jun 11 2021

HOUSTON/LONDON (Reuters) -Exxon Mobil Corp has lost two veteran crude oil traders from its U.S. energy trading group and a third is leaving its British unit, according to people familiar with the matter, in a continued exodus of top talent from the oil major.

Commodities trader Trafigura hits record H1 profit in 2021

Jun 10 2021

LONDON (Reuters) -Global commodities trader Trafigura on Thursday posted its highest ever first-half net profit and core earnings, largely driven by the economic recovery.

Commodities trader Trafigura hits record H1 profit in 2021

Jun 10 2021

LONDON, June 10 Global commodities trader Trafigura on Thursday posted its highest ever first-half net profit and core earnings, largely driven by the economic recovery.

UK's Heathrow Airport to use renewable jet fuel for first time

Jun 03 2021

LONDON Britain's Heathrow Airport will use sustainable jet fuel for the first time as part of a test ahead of a Group of Seven (G7) rich nations summit in the country next week.

UK's Heathrow Airport to use renewable jet fuel for first time

Jun 03 2021

LONDON, June 3 Britain's Heathrow Airport will use sustainable jet fuel for the first time as part of a test ahead of a Group of Seven (G7) rich nations summit in the country next week.

Energy transition spurs hiring spree in metals trading

Jun 02 2021

NEW YORK/LONDON Trafigura, Gunvor Group and Bluecrest Capital Management have hired traders as they seek to profit from an infrastructure boom spurred by the global energy transition, six sources with direct knowledge of the matter said.

Indian, European refiners get ready to buy Iranian oil

May 19 2021

NEW DELHI/LONDON (Reuters) -Indian refiners and at least one European refiner are re-evaluating their crude purchases to make room for Iranian oil in the second half of this year, anticipating that U.S. sanctions will be lifted, company officials and trading sources said.

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