Oil giant trader Vitol Group raked in more profit in H1 this year than it did in all of last year, a new exclusive from Reuters shared on Tuesday. While unofficial, Reuters sources shared that Vitol Group—the largest oil trader in the world—saw $4.5 billion in net profit in the first half of the year.
It is a level that smashed earlier records and one that easily beat the full-year net profit Vitol recorded last year of $4.2 billion and the previous record of $3.2 billion that the trader made in the pandemic year of 2020 as the group—and…Vitol’s H1 Net Profit Exceeds Net Profit from All Of 2021
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