User 248652

Incorrect Media Speculation About Those Oil Speculators

Vitol is a partner in the Dubai Mercantile Exchange so they have massive market manipulation power. combine that with their partner Goldman Sach and like another post states Goldman says $125 and poof oil is at $125. No one can control a massive market like oil Bull Shit!


DME enlists Goldman, Vitol, Shell to boost trade
Reported 08/11/2008 by Trade Arabia

Royal Dutch Shell PlcThe Dubai Mercantile Exchange (DME) has enlisted six international energy traders and investment banks as new co-owners to help it attract liquidity, selling them up to 20 per cent in the exchange, it said on Monday.The DME, a joint venture between Oman

Oil and Commodities Pricing: Fundamentals, Bubble or Manipulation?

Vitol's web site is interesting there is no information on the management, investors, clients or any typical information you would expect to see on such a company.

what can be found is a Oil For Food violation in 2007 and archive.gulfnews.com/a...
majority share of a refinery in UAE

who are they?