Archie

A little-known Swiss trading company played a key role in getting an oil supertanker transit through the Strait of Hormuz, a stop-start journey that captivated the market earlier this month bloomberg.com/news/articles/…

Swiss Trader Had Lucrative Role Getting Iraqi Oil Through Hormuz bloomberg.com/news/articles/… via @MegaContango @S_ElWardany @JFarchy

MUST READ: The world’s biggest energy traders are reaping a fresh profit bonanza as the war in Iran causes unprecedented disruption to oil markets. @megacontango @jfarchy bloomberg.com/news/articles/…

A multibillion-dollar loan from former owner Torbjörn Törnqvist won’t constrain energy trader Gunvor Group’s growth, its new chief executive officer said. @jfarchy bloomberg.com/news/articles/…

For decades, the world’s biggest commodity traders have sought to remain outside of politics, doing deals with anyone who has natural resources to buy or sell. Now, Donald Trump is changing the rules of the game. @jfarchy bloomberg.com/news/articles/…

Scoop - 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. @cangsizhi @priazrocha, Lucia Kassai bloomberg.com/news/articles/…

Gunvor Founder Törnqvist Got Over $1 Billion Upfront in Buyout @megacontango bloomberg.com/news/articles/…

VIDEO COLUMN: Another food crisis? The experience of 2022 after Russia invaded Ukraine, plus the increase in fertiliser prices, have prompted concern about another food price spike. But the situation in 2026 isn't nearly as concerning. At least, no yet.

Most people know the Middle East is a big global oil and gas producer - less that it's grown to be a key producer and exporter of aluminium. Story on how war is affecting a critical industrial supply for Europe, US and Asia here 👇 bloomberg.com/news/articles/…

Gunvor Group has established a new management board and expanded its employee ownership following the abrupt departure of billionaire cofounder Torbjörn Törnqvist last year bloomberg.com/news/articles/…

Mercuria Energy Group Ltd. has bought back its shares that were held by CNIC Corp., marking an end to a decade of minority ownership in one of the world’s biggest commodity traders by companies linked to the Chinese state. bloomberg.com/news/articles/…

Exclusive: Mojtaba Khamenei has amassed a sprawling international investment portfolio, while economic hardship at home has sparked #Iran's deadliest protests in decades. bloomberg.com/news/features/… @business @markets @bpolitics @middleeast

Citadel, the most successful hedge fund in commodity markets, is finally taking a step into industrial metals — shifting its stance after years of avoiding the sector as prices from copper to tin hit record highs bloomberg.com/news/articles/…

Italian energy major Eni has held talks with Mercuria Energy Group over a potential partnership in commodity trading bloomberg.com/news/articles/…

Donald Trump's oil grab in Venezuela gives trading giants Vitol and Trafigura a headstart and a chance to claw back business bloomberg.com/news/articles/…

COMMODITY TRADING: The compay that makes >$1 billion in profit and pays an effective tax rate of 0.08% (no typo there: 0.08%) h/t @jfarchy @megacontango @priazrocha bloomberg.com/news/articles/…

Trafigura's CEO Richard Holtum says at televised White House meeting his trading firm will load Venezuelan oil set for the US in the next week.

BREAKING: Big mining M&A news. Commodities giant Glencore says it’s in talks with rival miner Rio Tinto about a “possible combination of some or all of their businesses, which could include an all-share merger between Rio Tinto and Glencore.” Key for copper, coal and iron ore.

China’s state-backed iron ore buyer is proposing measures to curb hoarding of the steelmaking ingredient at ports, in a move that could dent the pricing power of foreign miners and traders bloomberg.com/news/articles/…

US Treasury Secretary Scott Bessent said that Banco Santander “set a good example,” by pulling out of credit agreements with the trading house Gunvor bloomberg.com/news/articles/…