The nine traders who have left are now in talks to join World Fuel Services...

By extracting a $13 million penalty and imposing tough restrictions on future oil trading by Arcadia and others, the U.S. Commodity Futures Trading Commission (CFTC) this week sent a powerful signal that laws against market manipulation still have teeth.

SINGAPORE, March 27 (Reuters) – Spanish oil group Repsol plans to expand its trading desk in Singapore as it looks to move more crude and fuel oil to Asia to...

"Traders can make about $5 million profit on each U.S. propane cargo shipped overseas" - Philipps 66

Nov. 19 (Bloomberg) — Exports of liquefied natural gas are contracting for a second year, diminishing the number of available cargoes at a time when companies from Vitol Group to...

Jan. 23 (Bloomberg) — BP Plc’s head oil analyst for Asia, Giovanni Serio, plans to join Noble Group Ltd. in Singapore, four people with knowledge of the matter said. Serio,...

(Bloomberg) — A cargo of liquefied natural gas due to reload at an import terminal in Spain next week has been canceled, said Enagas SA, the country’s gas-network manager. A...

(Bloomberg) — Oil traded near its lowest in a week in New York on speculation that an increase in U.S. crude stockpiles signaled slowing demand in the world’s biggest consumer...

LONDON (Dow Jones)–The June loading program for North Sea Ekofisk crude oil is scheduled at 263,000 barrels a day, up from 237,097 barrels a day originally planned to load in...

LONDON -(Dow Jones)- Severe disruptions are hitting supply of North Sea Forties crude in April, following a serious gas leak on Total SA‘s (TOT) Elgin field last week, traders said Wednesday....

LONDON (Dow Jones)–Oil prices traded lower Tuesday as some investors took profits from a 2% surge in prices the previous day and others stayed on the sidelines ahead of data...

JAKARTA (Dow Jones)–Indonesia aims to sell 54 cargoes of liquefied natural gas in the spot market in May, a senior official at upstream regulator BPMigas said Friday. Rudi Rubiandini, operations...

For those of you who aren’t petroleum traders, here are some definitions that may help you digest the rest of this article below.  This article by Gurdeep Singh of Dow Jones...

LONDON (Dow Jones)–The U.K. shipping industry has rejected the European Union’s emissions trading scheme, defying calls for shipping to be included in the carbon reduction program, the Guardian reports Wednesday,...

Spread Between Futures Contracts Makes Stashing Crude Offshore Attractive LONDON (Dow Jones)—Storing oil in tankers offshore is on the rise again in the U.S. Gulf of Mexico, a sign of...