Leading oil traders Vitol and Trafigura have warned that the global oil market has already lost a billion barrels due to the Iran war, signaling an unprecedented impact on global energy supplies.

Vitol, a major energy and commodity trading company, informed banks that its first-quarter profit is approaching $2 billion, a significant gain attributed to market volatility and turmoil related to Iran.

Vitol's trading strategy reportedly failed as the ongoing conflict involving Iran significantly disrupted oil markets. The market volatility caused by the conflict led to adverse outcomes for the company's trading positions.

Bolivia has suspended contracts with major commodity traders Vitol and Trafigura as part of an ongoing investigation into alleged fuel smuggling.

Venture Global and Vitol have entered into a five-year agreement for the supply of Liquefied Natural Gas (LNG), securing a long-term partnership for energy distribution and expanding US LNG exports.

Vinson & Elkins provided advisory services to Vitol Inc. regarding the Breakwall Capital Upstream Credit Fund.

Vitol is part of a consortium involved in a new LNG-to-power project in South Africa.

Recent business reports highlight Axon Enterprise's stock decline due to compressed valuation multiples despite strong performance, while Vitol's CEO noted the company's resilience and good performance even during early wartime challenges.

Energy trader Vitol announced a profit of approximately $2 billion in the first quarter, managing to achieve this despite incurring losses related to ongoing conflicts.

An exclusive report reveals that a prominent oil trader at Vitol, one of the world’s largest commodity-trading firms, incurred losses amounting to hundreds of millions of dollars due to incorrect bets on oil prices, exacerbated by the war in Iran.

Venture Global has secured a five-year liquefied natural gas (LNG) offtake agreement with Vitol, a major energy and commodity trading company.

Exxon, BP, and Vitol have shipped the highest volume of US fuels to Australia in three decades for a single month, according to traders.

North Sea Oil Signals Weakness as Vitol, Total Buying Spree Ends  Bloomberg

Vitol backs proposed $3 billion LNG power plant for South Africa's Durban port  TradingView

Pablo Galante Escobar, head of liquefied natural gas at Vitol, has issued a stark warning about an imminent global food price shock, stating that the 'world is on borrowed time.'

Eni Ghana, in collaboration with Vitol Upstream Ghana Ltd and Ghana National Petroleum Corporation, has signed a Memorandum of Understanding with the Ghana Health Service. This agreement aims to expand access to healthcare services in Ghana's Western Region.

Energy trading giant Vitol is restructuring its derivatives team in response to recent financial losses.

A Venezuelan woman, Jeusselem Elieth Genes Vitola, was found dead in a camper in Utah after fears she and her husband, Alvaro Jose Urbina Rojas, were detained by ICE. Her husband is now a person of interest in her death.

Swiss firms like Glencore, Mercuria, and Vitol, based in Geneva and Zug, dominate the global trade of oil, metals, and grain. A commentary argues that their significant influence exposes Switzerland and makes it vulnerable, calling for greater transparency.