Commodity trading giant Vitol and Germany try to avoid $1bn gas cut

DUTCH energy and commodity trading company Vitol Group, the world’s the world's top independent oil merchant, is locked in talks with a German state-backed energy firm after the trading house moved to stop deliveries of crucial gas that could inflict around $1 billion worth of losses, Bloomberg reported yesterday.

10 November 2022
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The commodity giant is in discussions with SEFE Marketing & Trading Ltd.

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