These are the corporate gamblers who never waste a good energy crisis (australia) — SMH
SMH ·australia ·2 hours ago

These are the corporate gamblers who never waste a good energy crisis

BP, Shell, and TotalEnergies have transformed trading into a primary profit source amid the energy crisis, shifting 40-50 million barrels per day. Their trading arms could boost average returns by over a third this year, significantly outperforming U.S. rivals. By 2026, these firms may earn $15 billion to $20 billion in pre-tax trading profits.

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Published 12 Jul 2026, 19:00 UTC · Updated 12 Jul 2026, 19:10 UTC

Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections