According to trade sources, the battle among oil suppliers to satisfy the rising demand for imports from China’s independent refiners is being heated by the
Tag: Trafigura
Venezuela Ships Oil to Singapore
Venezuela, which is currently in a deep political and economic crisis, has sent two fully-laden large crude carriers heading to Singapore. The vessels – the
Rosneft to Get Financing from Switzerland
Rosneft, Russia’s oil giant, is raising money from the Swiss trader Trafigura only a few days before its deadline to repay a $7 billion debt.