Commodity trader Trafigura booked a record profit for the financial year that ended September 30 in an unprecedented energy market volatility after the Russian invasion of Ukraine. Trafigura, one of the biggest independent oil and commodity traders in the world, reported on Thursday a net profit of $7 billion for the year ended in September, more than double the profit from the previous fiscal year and more than all the profits from the previous three years combined.
Revenues jumped by 38 percent to $318.5 billion from $231.3 billion in 2021 despite…Oil Trader Trafigura Posts Record Profit In Volatile Energy Markets
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