Commodities trading houses braced for ‘smaller rewards’
Vitol, Gunvor and Trafigura experience difficult year after reduced volatility in energy prices hits returns
Vitol, Gunvor and Trafigura experience difficult year after reduced volatility in energy prices hits returns

Commodity houses reinvest bumper profits from years of volatility to cement dominance

World’s fourth-largest independent crude trader says markets may be ‘very choppy’ between April and June

Europe’s biggest investment banks missed out on gains from commodities in quarter marked by oil swings

Volatility is keeping market-making desks active at a time when mergers and issuance have slowed

Volatility is more damaging than higher prices and will cause merchandise flows to drop, according to Global Trade Alert

Vitol, Trafigura and rivals expand credit lines in anticipation of prolonged disruption to global oil and gas flows