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World's Largest Oil Traders Sees Oil Topping $80 By Year-End

World's Largest Oil Traders Sees Oil Topping $80 By Year-End
oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.

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Oil Trading Giant Trafigura Sees $100 Oil In Late 2022

Oil Trading Giant Trafigura Sees $100 Oil In Late 2022
oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.

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Commodity traders harvest billions while prices rise for everyone else


MONEYWEB
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The Bloomberg Commodities Spot Index is nearing 2008/11 peak.
By Javier Blas, Bloomberg
3 Jul 2021 
00:50 
Image: Qilai Shen/Bloomberg
Doug King set up his hedge fund in the early days of the commodity super-cycle in 2004. It was perfectly timed: voracious Chinese demand lifted the price of everything from oil to copper to record highs. Investors flooded the commodities sector. At the peak, King’s Merchant Commodity Fund was managing about $2 billion.
But the boom ended abruptly after the 2008 global financial crisis and the onset of the US shale revolution. Prices plunged, big institutional money got out and many specialist hedge funds closed. ....

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Commodity traders make billions as oil, copper, battery metals prices rise


Commodity traders make billions as oil, copper, battery metals prices rise
Cargo ships entering one busiest ports in Singapore. Stock image.
Doug King set up his hedge fund in the early days of the commodity super-cycle in 2004. It was perfectly timed: voracious Chinese demand lifted the price of everything from oil to copper to record highs. Investors flooded the commodities sector. At the peak, King’s Merchant Commodity Fund was managing about $2 billion.
But the boom ended abruptly after the 2008 global financial crisis and the onset of the U.S. shale revolution. Prices plunged, big institutional money got out and many specialist hedge funds closed. ....

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