Archie Hunter

Vitol Group posted a profit of about $13 billion for 2023, according to a person familiar with the matter, marking the second consecutive year of bumper earnings for the world's biggest independent oil trader.

The world's largest commodity traders raked in blockbuster profits for a second consecutive year in 2023, as the aftershocks of Russia's invasion of Ukraine continued to create opportunities for physical merchants even as price volatility ebbed.

(Bloomberg) -- Trafigura Group is “incredibly bullish” on demand for electricity as it joins other trading houses in building out a global power trading business.

In second blockbuster year.

(Bloomberg) -- Vitol Group confirmed that it's starting rebuild a trading book for metals after a long stint out of the market, with an “exciting decade” ahead.

(Bloomberg) — The next chief executive officer of Vitol Group should be someone who enjoys the business of trading commodities and is not just motivated by money, the current boss of the energy giant said in an interview.

The next chief executive officer of Vitol Group should be someone who enjoys the business of trading commodities and is not just motivated by money, the current boss of the energy giant said in an interview.

It took less than a day after the UK and US banned future sales of Russian aluminum, copper and nickel on the London Metal Exchange before traders had zeroed in on a way to make money off the convoluted new rules.

(Bloomberg) -- It took less than a day after the UK and US banned future sales of Russian aluminum, copper and nickel on the London Metal Exchange before traders had zeroed in on a way to make money off the convoluted new rules.

(Bloomberg) -- Rio Tinto Group and Saudi Arabia's state-backed Manara Minerals Investment Co. are among suitors considering bids for a stake in