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How One of the Tiniest Oil Markets Cost Trafigura Over $1 Billion

A small but profitable fuel-supply business concealed a ballooning web of credit exposures.


  • Nov 02 2024
  • 145
  • 8171 Views
How One of the Tiniest Oil Markets Cost Trafigura Over $1 Billion
How One of the Tiniest Oil Markets Cost Trafigura Over $1 Billion
(Bloomberg) — Trafigura Group is a giant of commodity trading. On any given day, it handles enough oil to supply the entire needs of France three times over. Its global reach stretches from US crude oil export infrastructure to fuel stations in more than 20 countries across Africa, Asia and Latin America. Read More

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