Jack Farchy
Senior Reporter, Energy and Commodities at Bloomberg News
Senior Reporter for Energy and Commodities at Bloomberg News. Co-author of The World for Sale: https://t.co/EV8tueLP9v
Articles
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1 week ago |
bloomberg.com | Jack Farchy |Julian Luk
Los principales actores de la industria del cobre estadounidense pidieron al presidente Donald Trump que restrinja las exportaciones de mineral y chatarra en lugar de imponer aranceles a las importaciones, en su esfuerzo por impulsar la producción nacional.
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2 weeks ago |
bloomberg.com | Archie Hunter |Jack Farchy
Commodity giant Vitol Group generated earnings of over $8 billion in 2024, according to people familiar with the matter, cementing its position as by far the most profitable energy trading house. Full-year earnings fell from $13.2 billion in 2023, but were still sharply higher than Vitol’s profit until 2022, when Russia’s full-scale invasion of Ukraine spurred sharp price spikes that fueled record returns across the commodity trading industry.
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2 weeks ago |
bloomberg.com | Jack Farchy
Glencore Plc’s former chief executive officer and largest shareholder Ivan Glasenberg added to his stake for the first time in a decade after a share-price rout triggered by Donald Trump’s sweeping tariffs. Glasenberg’s shareholding in the miner and commodity trader rose to 1.219 billion shares — worth $3.7 billion at current prices — according to a regulatory filing. That represents an increase of about 7.4 million shares from the level detailed in Glencore’s annual report last month.
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3 weeks ago |
bloomberg.com | Jack Farchy |Archie Hunter |Ruth Liao
Commodity trader Gunvor Group purchased a significant minority stake in US shale gas producer Flywheel Energy LLC, part of a wave of trading houses moving into upstream oil and gas supply. Gunvor said in its 2024 annual report that it had bought a 41.67% stake in FW Energy Holdings LLC in June last year, giving it the marketing rights to about 500 million cubic feet of natural gas a day.
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3 weeks ago |
bloomberg.com | Jack Farchy |Millie Munshi
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RT @JavierBlas: Commodity giant Vitol Group generated earnings of over $8 billion in 2024, sources say, cementing its position as by far th…
Trump just killed the great US gold arbitrage trade #gold #silver https://t.co/xsRhZ0cEIs
Vitol and Gunvor Rock Metals Markets With Big Aluminum Bets @cangsizhi @megacontango @mburtonmetals https://t.co/5z1A3YzYCN
