Vitol banned from Mexico over bribery

THE WORLD’s biggest oil trader Vitol has been banned from buying crude from Mexican state oil company Pemex over bribery charges, according to sources speaking to Bloomberg.

Vitol banned from Mexico over bribery Vitol banned from Mexico over bribery Vitol banned from Mexico over bribery Vitol banned from Mexico over bribery Vitol banned from Mexico over bribery

According to a report by Bloomberg over the weekend, Pemex's trading arm Petroleos Mexicanos introduced a ban on doing business with Vitol following a settlement last week.

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