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  1. European companies are considering long-term contracts and production rights for Venezuelan crude oil imports.
  2. Vitol and Trafigura are involved in the market where European companies are buying Venezuelan crude oil, which is being offered at a discount to Brent prices.

Vitol, a major energy trading firm, commented on market tightness and how geopolitical risks are pushing oil prices toward $100 a barrel.

1 report, 1 independent Updated Sep 8
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Vitol, a major energy trading firm, commented on market tightness and how geopolitical risks are pushing oil prices toward $100 a barrel.

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Vitol and Trafigura are involved in the market where European companies are buying Venezuelan crude oil, which is being offered at a discount to Brent prices. All 1 developments

Within European companies are considering long-term contracts and production rights for Venezuelan crude oil imports.

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