Commodity Trading Archives - The Daily Journal

Glencore and Mercuria compete for deal to operate Venalum

September 12, 2026September 12, 2026Tatiana Da GamaLeave a Comment

Both companies are negotiating with Venezuela to operate the plant, in a move that marks the return of major commodity traders The Daily Journal.- London-listed miner Glencore (GLEN.L) and Swiss commodity trading company Mercuria Energy are among the firms seeking a deal involving Venalum, Venezuela’s largest aluminum plant. According to Bloomberg, both companies are holding […]

Vitol prepares expansion with a new office in Caracas, Reuters reports

July 9, 2026July 9, 2026Tatiana Da GamaLeave a Comment

The Daily Journal — Vitol, one of the world’s largest commodity trading companies, has begun preliminary preparations to open an operational office in Venezuela, according to an exclusive report by Reuters. Three sources with direct knowledge of the matter told Reuters that the move comes as “global trading houses expand their role in crude exports […]