Over the last few years, as commodity prices and volatilities have exploded, many trading firms made large amounts of money. Amongst them were oil companies and some of the world’s largest commodity trading firms. Seeking areas to invest this excess cash...
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Over the last few years, as commodity prices and volatilities have exploded, many trading firms made large amounts of money. Amongst them were oil companies and some of the world’s largest commodity trading firms. Seeking areas to invest this excess cash has resulted in one of many new trends seen in the energy & commodities complex in recent years as they purchased assets across the space. This has meant that oil companies and commodity traders have often purchased assets in the broader commodities space and specifically in metals and mining. Vitol Group, Gunvor Group and Mercuria Energy Group are among the traders building out their metals teams, as they look to capitalize on record profits.
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