ABU DHABI, November 5. /TASS/. Global oil consumption will hardly reach its peak during the next decade, Gunvor CEO Torbjorn Tornqvist said. "I think it's going to be very hard to see any reduction in ...

US regulators are set to investigate Gunvor's acquisition of Lukoil assets for ties to Putin, amid scrutiny of compliance ...

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Surplus oil supply has cushioned the impact of trade disruptions caused by the sanctions, keeping markets stable and reducing price volatility.

By Yousef Saba ABU DHABI (Reuters) -Western sanctions on Russia and Iran are creating record volumes of oil stored onboard ...

Gunvor Group CEO Torbjorn Tornqvist told Reuters on Wednesday that a potential deal to buy the foreign assets of Russia's ...

Global commodity trading giants Glencore, Vitol, and Trafigura have invested billions to dominate South Africa’s fuel retail ...

Iraq stopped the loading of three crude oil cargoes from LUKOIL in November amid concerns about US and UK sanctions on the ...

(Reuters) -Commodities trader Gunvor Group is prepared to satisfy any concerns about continued Russian influence over assets ...

Gunvor Group plans to address concerns over Russian influence in its new asset purchase from Lukoil. With talks underway with regulators, Gunvor's CEO Torbjorn Tornqvist assures a "clean break" from ...

Gunvor Group Chief Executive Officer Torbjörn Törnqvist said an agreement to acquire Russian oil producer Lukoil PJSC’s ...

The preliminary agreement was reportedly reached just three days after Lukoil announced its intent to sell, highlighting ...