Trafigura oil trading volumes
Trafigura overtakes Glencore for oil trading volumes. Trafigura has overtaken Glencore to become the world’s second biggest independent oil trader, as deals with Russia’s largest producer and US shale operators boosted shipments by almost 50 per cent in the past year. Trafigura is the market leader in copper, zinc, lead and nickel concentrates trading as well as alumina and cobalt hydroxide. We create a more coherent supply chain for our customers using geographical and quality arbitrages. Carefully selected investments in infrastructure are furthering volume growth. Trafigura is among the largest and most active trading houses in the US. We have established a unique market position in the United States, currently one of the most dynamic regions in the global hydrocarbons industry. Trading volumes in oil and petroleum products totalled 4.3 million barrels a day in 2016, up 42% from 3 million barrels a day in 2015. In October 2016 Trafigura sold five medium-range tankers to China’s Bank of Communications Financial Leasing Co, marking its exit from owning product tankers. Trafigura is an independent, employee-owned physical trading and logistics business. Throughout our 25-year history, we’ve prospered by questioning the status quo. In the early years, we were one of a few trading firms challenging the traditional dominance of the big institutions. Oil trading volumes increased to about 6.1 million barrels a day from 5.8 million Singapore-based Ken Loughnan was appointed Trafigura’s global head of coal and iron ore. He will take over from
Trafigura is among the largest and most active trading houses in the US. We have established a unique market position in the United States, currently one of the most dynamic regions in the global hydrocarbons industry.
Trafigura Group, the global commodity trader, increased its annual liquefied natural gas (LNG) trading volumes by 27%, driven by trade flows and the start of new contracts, the company said on Trafigura overtakes Glencore for oil trading volumes. Trafigura has overtaken Glencore to become the world’s second biggest independent oil trader, as deals with Russia’s largest producer and US shale operators boosted shipments by almost 50 per cent in the past year. Trafigura is the market leader in copper, zinc, lead and nickel concentrates trading as well as alumina and cobalt hydroxide. We create a more coherent supply chain for our customers using geographical and quality arbitrages. Carefully selected investments in infrastructure are furthering volume growth. Trafigura is among the largest and most active trading houses in the US. We have established a unique market position in the United States, currently one of the most dynamic regions in the global hydrocarbons industry. Trading volumes in oil and petroleum products totalled 4.3 million barrels a day in 2016, up 42% from 3 million barrels a day in 2015. In October 2016 Trafigura sold five medium-range tankers to China’s Bank of Communications Financial Leasing Co, marking its exit from owning product tankers. Trafigura is an independent, employee-owned physical trading and logistics business. Throughout our 25-year history, we’ve prospered by questioning the status quo. In the early years, we were one of a few trading firms challenging the traditional dominance of the big institutions. Oil trading volumes increased to about 6.1 million barrels a day from 5.8 million Singapore-based Ken Loughnan was appointed Trafigura’s global head of coal and iron ore. He will take over from
7 Dec 2018 of the world's largest traders by volume of oil and petroleum products. Trafigura is one of the few oil and petroleum product traders with global
14 Dec 2015 Trafigura, the commodity trading house, has announced big profits and especially strong in crude oil, where we saw an increase in volumes 12 Dec 2017 The increasingly aggressive move by national oil companies into the oil trading industry has knocked back results at Trafigura. 6 Apr 2015 Trafigura is the "New King" of Russian Oil Trading increased volumes for Trafigura have come at the expense of supply to oil For Trafigura, it was the first full year of trading as an integrated gasoil, fuel oil and bunker business. We decided to merge these operations in 2018 in preparation for IMO 2020. This allowed us to approach the market in a cohesive, client-focused manner, to the point where we are now one of the leaders in supply of RMG fuels specification Trafigura is the market leader in copper, zinc, lead and nickel concentrates trading as well as alumina and cobalt hydroxide. We create a more coherent supply chain for our customers using geographical and quality arbitrages. Carefully selected investments in infrastructure are furthering volume growth. Trafigura posts rise in H1 oil, LNG trading volumes as profits jump. London — Trading house Trafigura's oil and LNG trading volumes rose 7% year on year on the first half of 2019 when higher price volatility sparked a more than threefold jump in its earnings from its petroleum trading unit.
11 Jun 2019 The company's restructured oil trading operation was able to quickly Total volume traded in Oil and Petroleum Products reduced by seven
volume of oil and petroleum products. We operate in a fragmented market where no single company has a leading position. Trafigura is one of the few oil. 28 Jun 2019 Vitol, Mercuria, Gunvor, Trafigura and the oil trading division of aim to adapt by scaling up and boosting profits by trading bigger volumes. 13 Jun 2019 Trafigura's total traded oil and refined product volumes fell 7 per cent year on year to average 5.5 million barrels per day, making it the world's 3 days ago Trafigura is among the trading houses that lend money to oil The drop in oil prices means the volumes of oil being delivered no longer meet 23 Apr 2019 Independent commodity traders, often viewed as the secretive, but highly Top trading houses such as Glencore, Vitol, Trafigura, Gunvor and Mercuria have The push toward more LNG, where trading volumes have been
Volume was steady at 292 million metric tonnes, approximately 6 million barrels per day, while divisional gross profit increased by almost 64 percent to USD1,681
Volume was steady at 292 million metric tonnes, approximately 6 million barrels per day, while divisional gross profit increased by almost 64 percent to USD1,681 7 Dec 2018 of the world's largest traders by volume of oil and petroleum products. Trafigura is one of the few oil and petroleum product traders with global 9 Dec 2019 2017. Oil and Petroleum Products total volume traded. 292.0mmt. 292.0. 2019. 275.2. 2018. 256.0. 2017. Gross profit margin. 1.7%. 1.7. 2019. compared to the same period a year ago, reflecting trading volumes that remained largely stable and average commodity price levels broadly in line with last 11 Jun 2019 The company's restructured oil trading operation was able to quickly Total volume traded in Oil and Petroleum Products reduced by seven In a fragmented market where no single company has a dominant position, we are one of the world's largest traders by volume of oil and petroleum products. Trafigura is advancing trade by forging strong bonds with commodity In a high- volume, low-margin business we emphasise service and operational efficiency.
Oil and Petroleum Products revenue as a percentage of Group revenue 69% Oil and Petroleum Products total volume traded 275.2 mmt Gross profit margin 1.3% Total non-current assets $8.8 bn 2018 275.2 2017 256.0 2018 69 2017 69 2018 1.3 2017 1.6 2018 8.8 2017 8.2 2016 65 2016 205.4 2016 2.3 2016 8.5 Cover image: Copper rods at our Lykos refined metal warehouse in Gujarat, India.