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 ...

Volodymyr Zelensky said he met Ukrainian soldiers near the town of Pokrovsk in Donetsk, where one of the fiercest front-line ...

Russian oil major Lukoil is struggling to keep operations running at its sprawling foreign businesses as Western sanctions disrupt oil loadings in Iraq, pump stations in Finland and trading in ...

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 ...

Swiss trader’s audacious swoop on Russian group’s overseas assets revives industry speculation over Kremlin ties ...

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