- Vitol
The Vitol Group, founded in 1966, along with
Glencore and Gunvor in 1997, is one of the world's top 3crude oil traders. The headquarters of Vitol are inRotterdam ,Netherlands andGeneva ,Switzerland .In August 2008, it was revealed that oil speculators had increased the
volatility of the price of oil; CongressmanJohn Dingell criticized theCommodity Futures Trading Commission for failing to scrutinize oil futures traders, in particular Vitol.David Cho, "Sway of oil speculators revealed", "Washington Post ", August 21, 2008, syndicated at the "Albany Times Union ", found at [http://timesunion.com/ASPStories/Story.asp?StoryID=713783&LinkFrom=RSS Albany Times Union website] . Accessed August 27, 2008.]ee also
*
Energy law References
External links
* [http://www.vitol.com/ Official Site]
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