
Vitol Star Trader Suffers Hundreds of Millions in Losses from Wrong-Way Oil Bets Amid Iran War
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.
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Exclusive | Wrong-Way Bets on Oil Had a Star Trader Hundreds of Millions in the Hole - WSJ
Exclusive | Wrong-Way Bets on Oil Had a Star Trader Hundreds of Millions in the Hole WSJ
Read full article →Wrong-way bets on oil had a star trader hundreds of millions in the hole
Vitol, one of the world’s largest commodity-trading firms, has been among the companies hardest hit by the war in Iran.
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