World’s Top Oil Trader Earns $13 Billion in Another Strong Year ...Middle East

OILPRICE - Economy
World’s Top Oil Trader Earns $13 Billion in Another Strong Year
source : OILPRICE ( Middle East ) () 48
The world’s top independent oil trader, Vitol, booked a net profit of $13 billion for 2023, wrapping up a second consecutive year of very high net income following record 2022 earnings, the Financial Times reported on Monday, quoting sources familiar with the privately-owned group’s results. The disruptions in the energy markets and the high volatility in commodity prices in 2022 and 2023 benefited the largest independent trader, and all other major independent trading groups such as Trafigura and Gunvor, but Vitol’s…

Hence then, the article about world s top oil trader earns 13 billion in another strong year was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( World’s Top Oil Trader Earns $13 Billion in Another Strong Year )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Syria's Energy Comeback Could Reshape Middle East Oil and Gas
OILPRICE - before 10 hours & 44 minute
Record Tanker Rates Cripple U.S. Crude Oil Flows to Asia
OILPRICE - before 6 hours & 37 minute
Soldiers guard centre of Milan as thousands protest across European cities
Business Standard - before 3 hours & 6 minute
Demand-supply mismatch to drive revenue growth gains for Indian Hotels
Business Standard - before 3 hours & 18 minute
Sinking profits turn China's $3.5 trillion stock rout into a deeper trap
Business Standard - before 2 hours & 42 minute
Yemen's Houthis say they targeted Saudi oil sites, attacks reported in Aden
Business Standard - before 2 hours & 29 minute
Trump weighs fresh Iran strikes as he keeps prospect of a deal open
Business Standard - before hour & 24 minute
Barack Obama targets 'spineless Congress' in push for Democrat El-Sayed
Business Standard - before 30 minute
ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East
PR Newswire - before 43 minute
Delhi AQI improves to 167 after overnight rain, more showers likely today
Business Standard - before 43 minute


Latest News

Barack Obama targets 'spineless Congress' in push for Democrat El-Sayed

before 30 minute

Delhi AQI improves to 167 after overnight rain, more showers likely today

before 43 minute

ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

before 43 minute

Trump weighs fresh Iran strikes as he keeps prospect of a deal open

before hour & 24 minute

Yemen's Houthis say they targeted Saudi oil sites, attacks reported in Aden

before 2 hours & 29 minute

Sinking profits turn China's $3.5 trillion stock rout into a deeper trap

before 2 hours & 42 minute

Soldiers guard centre of Milan as thousands protest across European cities

before 3 hours & 6 minute

Demand-supply mismatch to drive revenue growth gains for Indian Hotels

before 3 hours & 18 minute

Record Tanker Rates Cripple U.S. Crude Oil Flows to Asia

before 6 hours & 37 minute

Fuel Oil Becomes Asia’s Next Cost Shock

before 8 hours & 34 minute

Syria's Energy Comeback Could Reshape Middle East Oil and Gas

before 10 hours & 44 minute

Air India and AI Express cancel Riyadh, Dammam flights till Nov 7

before 11 hour & 46 minute

Delhi govt begins identifying ineligible old-age pension beneficiaries

before 11 hour & 59 minute

/C O R R E C T I O N - Roadrunner Freight/

before 12 hour & minute

Utssav CZ Gold Jewels approves 1:1 bonus issue, to double equity capital

before 12 hour & 11 minute