News
15 December 2015

Traders cash in amid oil price plunge

Region:
Middle East & Africa, Americas, Asia-Pacific, Europe

Companies are cutting costs amid the crude price crash but oil traders are making a killing. Trafigura reported record earnings just days after Glencore said it was sticking to its trading earning guidance despite cutting production and inventories.

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
07 April 2026

Crisis in the Gulf: Sullivan & Worcester on trade under...

TXF speaks to Sullivan & Worcester partner Robert Parson about trade disputes, credit escalation and the flight to size as the crisis in the Gulf continues.

Interview
08 April 2026

Linxon’s Reisacher on working with ECAs in challenging times

Stefan Reisacher, CEO of EPC contractor Linxon, discusses how to work with ECAs in challenging conditions. Contractors need to improve communications with sub-suppliers - from...