Vitol Made About $2 Billion in First Quarter Despite War Losses
Vitol Group has told banks it made a first-quarter profit of roughly $2 billion, as the world’s top energy trader moves to reassure lenders over losses in some parts of...
By Archie Hunter, Lucia Kassai, Alfred Cang, Priscila Azevedo Rocha · Bloomberg Markets
Vitol Group has told banks it made a first-quarter profit of roughly $2 billion, as the world’s top energy trader moves to reassure lenders over losses in some parts of its business due to the Iran war.