Sentences with phrase «largest oil traders»

Since then, David has acted in a number of disputes (both in the High Court and in international arbitration) concerning oil supply contracts and recently acted in the Commercial Court for one of Romania's largest oil traders against Vitol.

Not exact matches

«It's not a mystery,» says Chris Bake, a member of the executive committee of Vitol, the world's largest independent oil trader.

Large producers tend to store oil until they have enough volume to fill a train, but for smaller producers who can not shut production and lack storage capacity, trucks may be the only option, said a Calgary trader.

Some oil traders are already steering clear of doing business with Iran as U.S. President Donald Trump signals he'll ditch the nuclear deal with OPEC's third - largest producer.

During a major industry gathering in Houston this week Ali al - Naimi, Saudi Arabia's oil minister, ruled out the possibility of cutting output, damping hopes of more aggressive action to curb a glut estimated by some traders to be as large as 2m b / d.

In terms of the concentrated short position of the 8 largest traders in NYMEX crude oil, it comes to less than 4 days of world oil production, compared to the 163 days of production held short in COMEX silver.

Companies said to be selling crude from Saldanha Bay in Africa Brent crude time - structure strengthens, encouraging sales Oil traders are emptying one of the world's largest crude storage facilities, located Continue Reading

For example, if a large speculator who was very bullish on oil bid - up the price of the December - 2016 oil contract from $ 64 to $ 70, it would create an opportunity for other traders to lock - in a profit by purchasing physical oil and selling the December - 2016 futures with the aim of delivering the oil into the contracts late next year.

For another example, if a large speculator who was very bearish on oil aggressively short - sold the December - 2016 oil contract, driving its price down from $ 64 to $ 60, it would create an opportunity for other traders to lock - in a profit by selling physical oil and buying the December - 2016 futures with the aim of eventually replacing what they had sold by exercising the futures contracts.

By CountingPips.com — Receive our weekly COT Reports by Email WTI Crude Oil Non-Commercial Speculator Positions: Large energy speculators continued to boost their bullish net positions in the WTI Crude Oil futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

By CountingPips.com — Receive our weekly COT Reports by Email WTI Crude Oil Non-Commercial Speculator Positions: Large energy speculators reduced their bullish net positions in the WTI Crude Oil futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

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Unilever was also a player in palm oil trader Wilmar's recent agreement to adopt a no - deforestation policy, which prohibits its suppliers from establishing plantations on lands with large amounts of carbon — like peat soils — or lands with a high conservation value (ClimateWire, Dec. 8, 2013).

(04/26/2012) Wilmar International, the world's largest palm oil processor and trader, has hired a major lobbying firm to overturn the Environmental Protection Agency's ruling that palm oil - based biodiesel will not meet greenhouse gas emissions standards under America's Renewable Fuels Standard, reports The Hill.

The move comes after Wilmar International, the world's largest palm oil producer and trader, hired lobbying firm Van Ness Feldman on the same issue.

We deliver market - leading maritime expertise to a truly international clientele, including many of the world's largest ship - owners, shipyards, major ship finance banks, marine insurers and IG P&I clubs, energy services companies, oil and gas businesses and commodities traders.

Last week, for example, the former wife of an oil and gas trader was awarded # 453m in one of the largest divorce settlements ever agreed by a UK court following a lengthy legal battle.

«We as a team at Globitex look forward to continuing to build a professional cryptocurrency exchange that will allow traders to buy and sell commodities such as gold, coffee and crude oil in large volumes around the world for cryptocurrencies.