The Latest Breaking News from Trafigura

At current market prices, a kilogram of gold is valued at roughly $166,000, putting the potential value of the shipment in the hundreds of millions of dollars

Venezuela's Minerven has signed a multimillion-dollar contract with Trafigura to sell 650-1,000 kg of gold dore bars to the US. US Interior Secretary Doug Burgum facilitated the deal, which involves gold being sent to US refineries. This marks a significant tightening of commercial ties between the US and Venezuela.

Indian oil refiners are receiving only limited offers of Venezuelan crude as most available supply is being directed to the United States following Washington's takeover of Venezuelan oil sales after the capture of former president Nicolás Maduro.

The first U.S.-brokered sale of Venezuelan crude under President Donald Trump's new energy plan went to Vitol, a global oil trading firm whose senior U.S.-based trader has been a major donor to Trump's re-election campaign.

Australia stopped buying fuel directly from Russia after its invasion of Ukraine but has imported more than 3m tonnes of its oil products since 2023

IN FOCUS: The Democratic Republic of Congo government has opened bids for oil and gas drilling across huge swathes of the country, raising fears that the world’s last great rainforest carbon sink could be destroyed, Nick Ferris reports

The United States is facing a collision of two crises: China's tightening control over the minerals that fuel modern industry and America's exploding electricity demand from artificial intelligence. One is geopolitical, the other domestic, yet together they threaten to test the nation's economic and energy resilience in profound ways.

For almost two years, an unprecedented order has kept a catastrophic government data breach secret

Total revenue from Singapore-based companies reached $637 billion, or about the third of the list's total revenue.