Swiss trading giant Vitol plans to pare back the volume of Russian oil it handles over the next few months, with the aim of ending its trading of Russian barrels completely by year's end, according to news reports. The Financial Times and Bloomberg quoted an email statement from Vitol this week as saying that the company will reduce the quantity of Russian oil it lifts under term contracts "signiOcantly" in the second quarter of this year.
展开▼
