Oil trading profits soar for energy majors who made storage bets

Major oil companies including Equinor, Shell and commodity trader Glencore make sky-high profits from so-called contango plays following the oil price collapse.

Photo: Dronebase Dronebase/Reuters/Ritzau Scanpix

Log in to read our articles

Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users.

Try ShippingWatch for 14 days.

Get a trial subscription here.

Do you want a trial subscription with multiple users for yourself and your colleagues?

Read more about your options and find the contact information to our sales team here.

Related articles

Latest news


See all

See all