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Vitol clinches $1 billion pre-finance oil deal with Iran

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Vitol clinches $1 billion pre-finance oil deal with Iran
04 January 2017, London/Dubai — The world’s largest oil trader, Vitol, has clinched a deal with the National Iranian Oil Co. (NIOC) to loan it an equivalent of $1 billion in euros guaranteed by future exports of refined products, four sources familiar with the matter said. The pre-finance deal is the first such major contract […] More »
Vitol clinches $1 billion pre-finance oil deal with Iran Vitol clinches $1 billion pre-finance oil deal with Iran Reviewed by Crude Oil Facilitators on 14:57 Rating: 5

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