Biggest energy traders use windfall gains to tighten grip on market
Commodity houses reinvest bumper profits from years of volatility to cement dominance
Commodity houses reinvest bumper profits from years of volatility to cement dominance

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

Vitol, Gunvor and Trafigura experience difficult year after reduced volatility in energy prices hits returns

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

Investors are picking winners and losers based on economies’ exposure to inflationary surge

BlackRock, Brookfield and Apollo among players sensing opportunities in energy sector

Corporates try to take advantage of market rebounds rather than risk further turbulence or US midterm elections