What commodities are best to trade in the mid/long term? Talking about physical trading at Glencore, Vitol, Trafigura...etc Currently an undergrad in Europe and I have the opportunity to work part-time as an assistant LNG or Copper trader. Physical, not paper trading. I will probably chose the LNG option as the company is a much larger and more dedicated to its physical trading business than the Copper option, but for future career options: Which products are more profitable and have a positive long term outlook? Metals, Oil, LNG, Agricultural products..?
07 Apr 2019
It seems like there's been an increasing amount of attention given to the physical commodities business on this site lately. If anyone can recommend any good books on the subject please post them here. Thanks. P.S.- Already read the King of Oil.
21 Jun 2011
Fracking. It is the multi billion dollar word that most of you should know very well. Also known as hydraulic fracturing, the process uses water, sand, chemicals and pressure to crack rock deep beneath the earth's surface, releasing vast amounts of previously unattainable oil and gas. Today, it stands as a stumbling block between the energy industry and critics who risk adding another unnecessary layer of volatility to energy markets which really don't need it.
15 Mar 2011
Has anybody heard much about the graduate program at Vitol? It looks new, like only 2 years old or so, but I've seen some postings on campus for it, as well as a few people on linkedin with the title "Graduate Development Program Analyst." Is there any chance of this role moving into a trading role at Vitol, or are they largely just looking for people to fill their trade support roles?
03 Sep 2019
Does anyone know what the trading arms of Chinese oil companies (CNPC, CNOOC, Shaanxi Yanchang, Sinochem, ect.) are like compared to the majors or trading houses. Curious since the last chapter of The World For Sale mentioned that they take on more risk and trade with US sanctioned countries.
12 Apr 2021
Hi all. I'm a university student looking to breaking into physical commodity trading. Hoping some current or former traders would be happy to chronologically run me through a typical "trade" or "deal," covering pricing, logistics, finance etc. Would also be interesting to hear, seperatley, how offtakes are put together. I have read a post titled "Physical Commodity Trading Basics" parts 1 and 2 which was informative but the language was quite technical and a lot of abbreviations were used so I'm hoping someone could offer a fairly detailed explanation in simpler English.
29 Jul 2018
The Vitol Group is an energy and commodities company. Physical trading, logistics and distribution are at the core of the business, but are complemented by refining, shipping, terminals, exploration and production, power generation, mining and retail businesses. Founded in Rotterdam in 1966, today the company has over 40 offices worldwide - with its largest operations in Geneva, Houston, London and Singapore. The group's turnover in 2015 was $168 billion.
24 Apr 2014