Glencore Files Legal Action to Recover $230 Million in Unpaid Oil Debt
Glencore sues to recover $230 million in unpaid oil, spotlighting counterparty risk and legal uncertainties in global energy trade.
Glencore sues to recover $230 million in unpaid oil, spotlighting counterparty risk and legal uncertainties in global energy trade.
Glencore's traders banked $3.3 billion in first-half 2026 profit as the Ukraine war drove extreme volatility in energy, metals, and grain markets,…
Oil trading heads toward a 24/7 model, raising concerns over liquidity fragmentation and higher volatility for crude futures.
TotalEnergies CEO reveals the oil trading division generates $2 billion per year, underscoring the firm's diversified earnings and robust risk management capabilities…