The world’s biggest independent oil traders have earned record-high profits in the past two years amid market volatility and a rebound in the demand for energy commodities. The four largest traders—privately-held Vitol Group, Trafigura, Gunvor, and Mercuria—have also paid record dividends to their employee shareholders, and even after these record payouts, the trading houses are now sitting on nearly $60 billion in combined equity, according to estimates by Reuters.
The top energy commodity traders are now looking…Top Oil Traders Amass $60 Billion Equity As Profits Soar To Record Levels
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