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A handful of oil tankers that had entered the waters off southern Greece to transfer Russian petroleum were forced to depart again after the local navy re-issued a notice that it would carry out exercises in the area. The Laconian Gulf, about 110 miles southwest of Athens, has become a vital logistics area for the trade in Russian fuel and crude, allowing ...
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CME Group, the world's leading derivatives marketplace, today announced that trading in its U.S. Crude Grade futures, which are Argus-settled and trade as a differential to the global benchmark WTI Crude Oil futures, reached several records in April 2024: • Record ADV of 17.8K contracts, up 54% year-over-year • Record ADV for WTI Midland contracts of 7.1K, ...