Shipping and Trading Network’s Post

Top oil traders like Glencore and Gunvor Group are seeing reduced profits in 2024 due to lower market volatility. To adapt, they're shifting focus to new business strategies and asset acquisitions. Increased competition, especially from China, and global conflicts are adding to the challenges. Read the full article: https://lnkd.in/eA_4N9J5 #OilTrading #Commodities #MarketTrends #GlobalEconomy #EnergyIndustry

World’s Top Oil Traders See Boom Years Fade as Volatility Tanks

World’s Top Oil Traders See Boom Years Fade as Volatility Tanks

bloomberg.com

To view or add a comment, sign in

Explore topics