Energy and commodity markets are in shock after Russia’s invasion of Ukraine, the world’s top trading firms said on Tuesday, warning of gas and diesel shortages in Europe and economic recession if Russian flows fall further. Prices across gas, oil, metals and agricultural markets have soared since the invasion and become so volatile that companies .
LAUSANNE -Energy and commodity markets are in shock after Russia s invasion of Ukraine, the world s top trading firms said on Tuesday, warning of gas and diesel shortages in Europe and economic.
Global commodity trader Trafigura Group hit a record net profit for a second year running in its 2021 financial year after a strong performance across divisions and significant energy market dislocations.
Global commodity trader Trafigura Group hit a record net profit for a second year running in its 2021 financial year after a strong performance across divisions and significant energy market dislocations. The Geneva-based firm posted a net profit of $3.1 billion for its financial year ending Sept. 30, almost double the previous year. “Above all, the scale and resilience of our