Reuters first to report record profit of top trader Vitol - Reuters News Agency
Energy

Reuters first to report record profit of top trader Vitol

Reuters was first to report that the world’s top oil trader Vitol has posted the highest ever profits, making more money in the first half of 2022 than in the whole of 2021, which was already its previous all-time high. The company, which trades 7% of global oil, posted net profits of $4.5 billion. Market players are closely watching the results of trading houses at a time when many energy players are facing liquidity problems due to a rise in global energy prices.

Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Equities
Regions: Global
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
vitol
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