Hints and tips:
...It reiterated a comment from chief executive Russell Hardy in March that it was trading “less than 100,000 barrels a day” — suggesting a maximum of about 1.5mn tonnes over four months....
...The year ahead is going to be “very different” to last year, in terms of profitability and margins, Hardy said, adding that “it’s a much more conservative market going forward, so our strategy and approach...
...Russell Hardy, Vitol chief executive, said the company was in full compliance with the west’s restrictions and currently traded less than 100,000 barrels a day of Russian oil....
...“The expectation is that nearly all European companies will turn their back on business that is not compliant,” Hardy told the Financial Times....
...In his ABC of Men’s Fashion, published in 1964, the designer Hardy Amies wrote, “all variance from the normal, in what after all is a very formal style of dressing, should be used with great care.”...
...Russell Hardy, chief executive of Vitol, said that while Russia had made progress in shielding itself from the effects of tougher sanctions affecting its seaborne crude that come into effect from December...
...That schedule no longer exists, and some of the tailors who took part, such as Hardy Amies, have since closed their doors....
...Famously, their neighbour Hardy Amies took a tape measure out at a cocktail party to measure the proportions on a Nutter suit, calling it “extraordinary”....
...“There’s 5m barrels of spare production being held back from the market today,” Hardy said....
...In the year to December the privately held company returned $2.9bn through share buybacks, which goes directly to top employees led by chief executive Russell Hardy....
...“The energy transition requires our business to change,” Hardy said....
...Mr Hardy said he had only “modest expectations” for the oil price in the second half of the year, saying it might go “up a bit” from its current level near $40 a barrel....
...Vitol chief executive Russell Hardy said in January he expected the Brazilian probe to “come to a head” this year....
...Vitol chief executive Russell Hardy was in a buoyant mood in February....
...He combined energy and a determination to succeed with humility, humour and humanity,” said Russell Hardy, his successor as chief executive. “We owe him a great deal.”...
...We just have to roll with the punches for the time being and let the process take its course,” Mr Hardy said....
...The few hardy investors who stuck with the energy majors have been burnt once again....
...The conversation around Windsor fashion is focused predominantly on the women, rather than the men, who tend to favour classic Savile Row suits from bespoke outfitters such as Anderson & Sheppard....
...Speakers include Petrobras Chief Executive Officer Roberto Castello Branco, Vitol Group Chief Executive Officer Russell Hardy, and Gunvor Group chief financial officer Muriel Schwab....
...Its editors are Derek Brower and Myles McCormick, with contributions from David Sheppard, Anjli Raval, Leslie Hook and Nathalie Thomas in London, and Gregory Meyer in New York....
...Speakers include Petrobras chief executive officer Roberto Castello Branco, Vitol Group chief executive officer Russell Hardy, and Gunvor Group chief financial officer Muriel Schwab....
...But a few hardy souls are starting to bet that crude will finally shake off its malaise in 2020. Their argument rests on a couple of main points....
...“Without a resolution to the trade war we remain a little bit bearish,” Mr Hardy told the Oil & Money conference in London, predicting oil would trade in the $50s a year from now....
...Russell Hardy, chief executive of Vitol, the world’s largest independent oil trader, told the FT it was unlikely the kingdom could return to full capacity so quickly....
...Additional reporting by David Sheppard in London...
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