- Oil giant trader Vitol Group raked in more profit in H1 this year than it did in all of last year, a new exclusive from Reuters shared on Tuesday.
- Reuters sources shared that Vitol Group—the largest oil trader in the world—saw $4.5 billion in net profit in the first half of the year.
- In April, the oil trading giant vowed to wind down its activities involving Russian crude oil by the end of this year, after Ukrainian president Volodymyr Zelesky asked it to cease doing business with Russia.
Vitol’s H1 Net Profit Exceeds Net Profit from All Of 2021
