Archive · 31 Aug 2026

Big Oil’s Secretive Trading Arms Profit From Energy Shock

Big Oil’s Secretive Trading Arms Profit From Energy Shock

Big oil companies make money in more than one way.

They can sell oil and gas that they produce themselves.

They can also buy oil from other companies.

Then they resell those barrels to customers willing to pay the most.

This kind of buying and selling is called trading.

A major energy shock has made trading especially profitable.

The third Gulf war has shown how important these trading divisions can be.

The effect has been particularly notable in Europe.

Sources