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Vitol hands record $10.6 bn payout to its traders in energy boom year
Business Standard ^ | 07/29/2025 | Jack Farchy and Archie Hunter

Posted on 07/30/2025 4:13:30 PM PDT by know.your.why

Vitol Group handed a record $10.6 billion to its executives and senior staff through share buybacks last year, as the fallout of the energy crisis continued to deliver extraordinary riches to the world’s commodity traders.

The share repurchase — almost certainly the highest such payout in the industry’s history — means privately held Vitol has distributed over $31 billion to its partners in the past decade, according to the company’s audited annual accounts seen by Bloomberg News.

The numbers show how the disruptions that followed Russia’s invasion of Ukraine have handed a spectacular bonanza to a small group of commodity traders that their predecessors could only have dreamed of. Vitol has paid out more through buybacks in the past three years than in the previous 17 years combined.


TOPICS: Business/Economy; Miscellaneous
KEYWORDS: boom; economy; oil
https://www.business-standard.com/world-news/oil-giant-vitol-hands-record-10-6-bn-to-its-traders-in-energy-boom-year-125072900359_1.html
1 posted on 07/30/2025 4:13:30 PM PDT by know.your.why
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To: know.your.why

Orange man making much GREEN for many businesses.


2 posted on 07/30/2025 4:24:08 PM PDT by milagro (There is no peace in appeasement! ThereonMaube)
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