Vitol breaks earnings records, earning more in H1 2022 than in fiscal 2021

LONDON: Global energy trader Vitol group has smashed previous records by making more profit in the first half of this year than all of last year, people familiar with the matter said.

Sources with knowledge of the results said the trading company earned nearly $4.5 billion in the first six months of the year. Last year, vitol posted record full-year net income of $4.2 billion and traded 7.6 million barrels of oil and nearly 13 million tons of liquefied natural gas daily (

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