Companies such as Vitol and Trafigura in spotlight over profits after Ukraine invasion
Profits from global commodities trading for companies including Vitol and Trafigura have nearly doubled to more than $50bn in recent years, driven by rocketing oil prices, fresh analysis has shown.
Global commodities trading profits ballooned to about $52bn of profits in 2021, up from $27bn in 2018, and are expected to continue to grow, according to a report by consultancy McKinsey & Company.
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