Vitol bruised by low oil prices
Rotterdam, Netherlands (UPI) Mar 12, 2015 - Dutch-owned Vitol, the largest independent energy trader in the world, said Thursday its 2014 revenue dropped 12 percent on low oil prices. "As the largest independent trader of energy, the rapid slide in the price of crude in the last quarter of 2014 impacted our headline revenue figure which has fallen to $270 billion," President and Chief Executive Officer Ian Taylor said in a statem ... more
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