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2 mins read

Energy traders are making a killing exporting US natural gas to Europe as prices soar - with some single shipments bringing in $200 million

"You're not talking about a margin. You're talking about a multiplier," one expert said about the h…

Harry Robertson   


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2 mins read

India might be used as a 'back door' for Russian oil, say media reports

Concerns are growing that India is being used as a potential back door into Europe for Russian oil …

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An oil trading company named Bellatrix is one of the under-the-radar firms that has taken over from the big names in shipping Russian crude

Major oil traders have shunned Russian oil after the invasion of Ukraine, paving the way for under-…

Hamza Fareed Malik   


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2 mins read

Tesla has partnered with a nickel mine after Elon Musk said the metal was the group's 'biggest concern' amid shortage fears

Under the deal, Tesla may be able to buy nickel for the lithium-ion batteries, which are key for po…

Kate Duffy   


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World's biggest oil traders are set to cut out Russian oil purchases from the middle of May, report says.

Major oil trading houses are set to significantly reduce the amount of oil they purchase from Russi…

Adam Morgan McCarthy   


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2 mins read

Here's why oil prices aren't coming down anytime soon — and why OPEC can't stop the climb

"OPEC+ may be talking about higher production, but the likelihood of those barrels hitting the mark…

Phil Rosen   


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2 mins read

Oil drops over 4% as COVID-19 cases force new lockdowns in China, while Russia and Ukraine talks resume

Oil dropped over 4% as COVID-19 cases rose in China, while supply worries receded as Ukraine said i…

Adam Morgan McCarthy   


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2 mins read

Inside the rise and fall of Coatue's quant fund - Biden's impact on consumer banking - Steve Schwarzman talks 'Blackstone TV'

The top finance stories for December 10, including the latest news on the rise and fall of Coatue's…

Dan DeFrancesco   


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3 mins read

This commodity trader made heaps of money from the oil price crash - now it's paying staff £500 million in bonuses

Speaking about the company's results, CEO Jeremy Weir said "The year provided ample opportunities f…

Will Martin   


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2 mins read

There has been a 'sea-change' in commodities, and hedge funds have lost $40 billion

"In effect, we have seen a sea-change in investor attitudes. From the mid-2000's onwards, commoditi…

Julia La Roche   


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2 mins read

A tiny diabetes drug maker in Norway decided to get into energy trading - and failed spectacularly

"To establish a sustainable business unit based on energy trading has proved to be demanding," it s…

Callum Burroughs   


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2 mins read

Commodities have been battered by the Trump-China trade war. And 2019 doesn't look much better.

Those slumps have come as investors pulled just over $11 billion from commodity-focused funds over …

Callum Burroughs   


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2 mins read

Russian companies are being forced to throw oil at their dollar problem

This was prompted by the furore surrounding a similar deal in December that was widely believed to …

Tomas Hirst,Tomas Hirst   


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5 mins read

How a Geneva-based commodity trader became the largest exporter of Russian oil

Against this background of high debt, a fall in the price of oil weakens the balance sheets of prod…

Tomas Hirst   


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4 mins read

Succession Planning Is Especially Difficult In The Mysterious World Of Commodity Traders

Oil traders have come a long way since the 1970-1980s era of Marc Rich, the godfather of contempora…

Dmitry Zhdannikov and Jonatha…   


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3 mins read

Calls for $100 oil are back -'We're nowhere near the end of this rally'

The price of oil will "certainly" go above $90 and is likely to spike above $100 in the coming mont…

Michael Selby-Green,Michael S…   


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3 mins read

The world's biggest oil trader thinks we may never see $100 oil again

Much has been written about whether oil has hit a bottom, with some major banks and analysts predic…

Will Martin   


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2 mins read

What you need to know on Wall Street today

HUBBARD: The year's largest takeover is 'self-help tax reform' - Last month's announcement of the $…

Matt Turner   


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2 mins read

JP Morgan Is In Talks To Sell Its Commodities Business

JPMorgan decided to sell its multi-billion dollar physical commodities division last year under ris…

Dmitry Zhdannikov   


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2 mins read

Russia Presents 'Extreme Risks And Plentiful Opportunities' For Gutsy Investors

"The first place to turn for information is the tax return; it could be personal or corporate," say…