Top oil traders say Iran sanctions hitting harder than expected
Bloomberg – Sanctions on Iranian oil exports are hitting much harder than most people predicted as the Trump administration takes a tough…
Tag Archives: world’s largest independent oil trader Vitol Group
Vitol to halt business with Iran after U.S. sanctions start: executive
Reuters – Energy trader Vitol [VITOLV.UL] will stop doing business with Iran after the United States re-imposes sanctions on Tehran’s oil trade…
Iran in talks with Swiss oil giant over $1Bln deal – Reports
Sputnik – Iran is seeking to extend or renew a $1 billion oil deal with the Swiss giant Vitol Group ahead of…
Vitol clinches $1 bln pre-finance oil deal with Iran-sources
Reuters– The world’s largest oil trader, Vitol, has clinched a deal with the National Iranian Oil Co. (NIOC) to loan it an…
NIOC rules out special treatment for Vitol group
Tehran has resumed business with mega trading company Vitol Group after the lifting of international sanctions in January, but the Swiss trader…
Glencore, Vitol near deal to buy Iranian crude
TEHRAN—Glencore PLC and Vitol Group, the world’s two largest independent oil traders, are close to signing a long-term deal to purchase Iranian…
Commodity traders in barter deals with Iran post-sanction: sources
Global oil traders have entered into rare barter deals with the National Iranian Oil Company (NIOC), supplying Iran with much-needed gasoline in…
Vitol: ‘Business as normal’ with Iran
The world’s largest independent oil trader Vitol Group says it’s “business as normal” with Iran after the end of economic sanctions on…