How much do Vitol traders make?
Vitol S.A. Salaries
| Job Title | Salary |
|---|---|
| Analyst salaries – 1 salaries reported | $38/hr |
| Credit Manager salaries – 1 salaries reported | $88,203/yr |
| Physical Crude Trader salaries – 1 salaries reported | $221,764/yr |
| Trader salaries – 1 salaries reported | $237,595/yr |
What does Vitol company do?
Vitol is an energy and commodities company. We trade and distribute energy safely and responsibly around the world using our logistical expertise and infrastructure network.
What is the meaning of Vitol?
Vitol is a Dutch energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor and Jacques Detiger.
How does Vitol make money?
Vitol made a significant chunk of its profits during the second quarter, when oil demand collapsed, allowing traders to buy cheap crude and store it, while locking in a profit by selling forward the oil on the futures market at higher prices.
Who owned Vitol?
Vitol Holding II S.A.
Vitol/Parent organizations
Is Vitol an oil major?
Vitol has been trading oil and petroleum products for over 50 years. Our market leading position is built upon long-term relationships, on our expertise, market understanding, focus on solutions and reputation for reliability.
Who is the biggest oil trader in the world?
Vitol SA
(Bloomberg) –The world’s largest independent oil trader, Vitol SA, joined rival Gunvor Group Ltd. in expressing caution about the recent surge in crude prices.
Who is the owner of Vitol?
How do oil traders make money?
Oil speculators usually make their money by betting on crude oil futures. For example, someone bearish on oil could sell short a futures contract, and if oil did indeed fall, the trader could buy back the contract at the now-lower rate and pocket the difference.
Who is the CEO of Vitol?
Russell Hardy (Mar 15, 2018–)
Vitol/CEO
How is LPG traded?
LPG can be traded on the derivatives market with forward and swaps contracts.
Is Trafigura publicly traded?
While not publicly listed, Trafigura posts financial results for bondholders. Trafigura said it had downgraded the value of its oil-storage-and-distribution business Puma Energy, and its Nyrstar zinc-and-lead-smelting operations.