Trafigura boosted by oil and products trading unit
Trafigura, the global commodities trader, reported a surge in profits in the first-half of its financial year ended March based on a strong performance from its oil and products trading unit. It said crude oil, gasoline, liquefied natural gas and wet freight desk were ‘stand-out contributors’
But Geneva-based commodities trader noted a drop in gross profit from its metals and minerals unit