Global Markets: Trafigura Leads The U.S. Oil Export Boom

One of the world’s biggest commodity traders, Trafigura, was the largest exporter of U.S. crude oil and condensate over the past year, its CEO Jeremy Weir said on Tuesday.

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Africa Oil & Gas: Congo seeks relief talks with oil traders over $2bn debt

Congo Republic is set to become the latest African country to start debt relief talks with trading houses after borrowing $2-billion from merchants such as Trafigura and Glencore but now finding its debt levels unsustainable, sources familiar with the matter said.

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Mozambique Oil & Gas: Vitol in stand-off on US$80- million oil ‘overcharging’

Vitol in Africa stand-off on US$80- million oil ‘overcharging’ Vitol, the world’s biggest oil trader, faces a potential scandal over claims that it ripped off the people of impoverished Mozambique for critical fuel by at least US$80-million last year.

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