Giant Oil Trader Sets Record Year In 2019

One of the world’s largest commodity traders, Trafigura, delivered a record performance in oil trading as the trade war and geopolitical flare-ups increased volatility in prices and energy commodity flows. Trafigura’s two core trading divisions – Oil and Petroleum Products and Metals and Minerals – booked record trading performance, the company said in its FY 2019 results release on Wednesday. “The trading division in particular had a knock out year – in fact their best years’ performance ever,” Jeremy Weir,…