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Vitol concerned about Iraqi-Kurdistan conflict

There is a risk that exports will be impacted by the conflict in northern Iraq, where the Iraqi army has taken over several oil fields in the Kirkuk region, says Vitol's CEO to Financial Times.

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Frontline hit by weakest tanker market in four years

Over the third quarter, John Fredriksen's tanker carrier Frontline rejected unreasonable offers from customers, especially for the large VLCCs, which had a negative impact on the result, says CEO Robert Hvide Macleod.

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