Are Majors Beating Traders at Their Own Game?

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  • Western majors could be making even more money trading on turbulent oil and gas markets than specialist commodity trading houses, recent research suggests.
  • With the volatility potentially having several more years to play out, majors are working to optimize their asset bases for trading and to maintain maximum access to liquidity.
  • Both the majors and traders face stiff competition from the ambitious trading arms of Saudi Aramco, Abu Dhabi National Oil Co. (Adnoc) and other national oil companies (NOCs).

The Issue

Oil Trade, Trade, Corporate Strategy , LNG Trade
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