Vitol Says It's `Business as Normal' as Trader Buys Iranian Oil

  • Tehran could add up to 700,000 barrels a day by late 2016
  • Vitol CEO offers first confirmation Iran is back in the market

Vitol CEO: Iran Is Back in the Market and We’re Buying

The world’s largest independent oil trader said it’s "business as normal" with Iran as Vitol Group BV confirmed it has already bought cargoes from the country after the end of economic sanctions.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.