Mongabay.comHSBC to stop financing deforestation-linked palm oil firmsMongabay.comEurope's largest bank has published a new “no deforestation” policy in what environmental campaigners have dubbed a “first step” towards sustainable palm oil finance, whi …
Business Day (registration)Vitol to offer 4-million barrels of stored oil as global supply glut easesBusiness Day (registration)London — Vitol Group is offering to sell Nigerian crude oil from a storage terminal in SA, five traders familiar with the matter …
ReutersVitol clinches $1 billion pre-finance oil deal with Iran: sourcesReutersTraders have increasingly turned to pre-finance in recent years to secure long-term access to large volumes of oil and products - the system of pre-finance by large traders incl …
Wall Street JournalEgypt Presses Oil Companies for More Time to Pay for FuelWall Street JournalAt a meeting in Cairo on Wednesday, Egypt asked energy suppliers to give the country six months instead of three months to come up with the money for already-ord …
International Business Times UKUAE port to publish weekly oil inventory data in a bid to improve transparencyInternational Business Times UKWith crude oil prices still low, the move is in line with the UAE government's 2021 Vision to open up its data. …
The Globe and MailThe glut strikes back as oil returns to brink of bear marketThe Globe and Mail“The tables are turning on the bulls, who were prematurely constructive on oil prices on the basis the re-balancing of the oil market was a done deal,” said Har …
OilPrice.comOil Prices Struggle To Move Beyond $40OilPrice.comOil prices have held gains in recent days after rising to $40 per barrel, but the rally has struggled to move beyond that threshold. Terrorist attacks in Brussels on March 22, which early report …
Wall Street Journal (subscription)Oil Traders Book Profits Amid Low PricesWall Street Journal (subscription)LONDON—There is one chunk of the energy industry that stands to benefit from today's low oil prices: The traders who make money moving oil, gaso …
NewserUS is exporting its oil everywhereBusiness StandardThe "growing volumes of exports" from the US are now "spooking the markets", Amrita Sen, chief oil analyst at consultants Energy Aspects Ltd in London, said in a note. The "f …
MarketWatchOil heads for third straight loss as oversupply fears persistMarketWatchU.S. demand for oil products in January fell 3.9% compared with January 2015. In China, although overall oil demand was flat in December and an improvement on November's …