By Robert Harvey <\/p>\n
LONDON, July 25 (Reuters) – Vitol, the world’s largest independent oil trader by volume, paid its \u200cshareholders $5.9 billion in 2025 through its annual share buyback \u200cscheme, according to a company filing reviewed by Reuters. <\/p>\n
Geneva-headquartered Vitol had rewarded \u200bits shareholders with $10.6 billion in 2024, the highest on record. <\/p>\n
The year-on-year drop in shareholder payouts coincides with lower profits for the trading house. Vitol’s profits were around $4.2 billion last year, \u200caccording to the filing \u2060it makes annually to the Luxembourg business registry, approximately half of the $8.7 billion it made in \u20602024. <\/p>\n
Commodity trading houses including Vitol and its rivals saw lower profits last year as markets normalised from their boom years \u200bof 2022-2024 \u200bduring the peak of post-COVID \u200brecovery and dislocations brought \u200cabout by the Russia-Ukraine war. <\/p>\n
Oil and gas markets have faced fresh upheaval this year, though, with the U.S. and Israeli war on Iran bringing volatility and higher prices that trading houses could potentially profit from. <\/p>\n
“The geopolitical outlook remains uncertain. Notwithstanding \u200cthat, the Group expects to \u200bachieve a positive result in 2026,” \u200bVitol said in the \u200bfiling. <\/p>\n
Total equity attributable to shareholders was $29.1 billion at \u200cyear-end last year, down slightly \u200bfrom $30.6 billion at \u200bthe end of 2024. <\/p>\n
Elsewhere in the filing, Vitol said a transaction with Italian major Eni for assets in \u200bthe Republic of \u200cCongo had been terminated after reaching a long stop \u200bdate in March 2026. <\/p>\n
(Reporting by Robert Harvey in \u200bLondon; Editing by Tom Hogue) <\/p>\n","protected":false},"excerpt":{"rendered":"By Robert Harvey LONDON, July 25 (Reuters) – Vitol, the world’s largest independent oil trader by volume, paid…\n","protected":false},"author":2,"featured_media":107925,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[125],"tags":[1929,2896,10157,158],"class_list":["post-107924","post","type-post","status-publish","format-standard","has-post-thumbnail","category-vitol","tag-share-buyback","tag-shareholders","tag-trading-houses","tag-vitol"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116978311989271749","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/107924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=107924"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/107924\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/107925"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=107924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=107924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=107924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}