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Behind the scenes at The Economist
Big oil’s secretive trading arms are having an extraordinary year
Meet the corporate gamblers who never waste a good energy crisis
TL;DRAI
Oil majors' trading desks generated record profits buying and reselling crude during Middle East shocks, rivaling production as a profit engine. For European tech leaders, this signals volatile energy costs amplified by geopolitics; datacenter strategy must include hedging and renewable diversification.
210 words~1 min read
