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The world’s demand for oil is expected by Goldman Sachs Research to grow for the next decade. Lackluster electric vehicle sales and rising incomes around the globe are increasing the appetite for energy supplies that will be met primarily with more fossil fuels. While some prominent forecasters have predicted oil demand will peak by 2030, our researchers ...
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The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Trafigura Trading LLC, a global commodities merchant with its principal place of business in Houston, Texas, for multiple violations of the Commodity Exchange Act (CEA) and associated CFTC regulations. The order requires Trafigura to pay a $55 ...