Archie

Reporting on commodity trading of all stripes 🛢🌾⛏ for @business l Message me on Signal:

[Jack Farchy @jfarchy]

Jefferies Unit Wins Freezing Order Against Trader Radiant World

@megacontango @upmanyutrivedi

https://t.co/nJ2QTHZ54G

[Jack Farchy @jfarchy]

Radiant World’s expansion was enabled by blue-chip firms, including Glencore and several top banks, who lent their money, connections and reputations to the little-known iron ore trader

@cangsizhi @megacontango

https://t.co/8mIUTKFAFk

[Archie @megacontango]

@ARealSugarExprt So sad, he was a true gent.

[Paul Phillips @BlueFlameBlues]

Back in my day we all used to transact commodities over Yahoo Messenger.

[Jack Farchy @jfarchy]

Vitol has seized on the Iran crisis to dominate East Africa’s fuel supplies -- at a cost, a Bloomberg investigation has found

@megacontango @pburkhardt

https://t.co/2uUosdXBE2

[Jack Farchy @jfarchy]

Glencore last year acquired warrants that would have given it a minority ownership stake in Radiant World

@tbiesheuvel @megacontango @cangsizhi

https://t.co/AikWCu1etr

[Archie @megacontango]

@DanielPFlatley Congrats Dan, all the best

[Jack Farchy @jfarchy]

DOJ, CFTC Investigating Iron Ore Trader Radiant World’s Deals

@KatLeighDoherty @megacontango

https://t.co/Mu7wQjWiis

[Jack Farchy @jfarchy]

Jefferies was told it’s financing some fake invoices for iron ore trader Sapphire Minmetals, a fresh blow to its Point Bonita fund

@megacontango @KatLeighDoherty

https://t.co/1G0GNRzvbn

[Javier Blas @JavierBlas]

COMMODITY TRADING: Glencore says its trading division made underlying profits of $3.3 billion in 1H 2026, nearly as much as it typically makes during a full year. At the current pace, its annual trading earnings may surpass the record high set in 2022 (when it made $6.4 billion)

[Archie @megacontango]

Commodity trading giant Vitol Group paid out $5.9 billion to its executives and senior staff through share buybacks last year, even as its profits more than halved to $4.2 billion.

@jfarchy

https://t.co/qGzKCR0JRK

[Archie @megacontango]

Thousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz Legacy

https://t.co/NacikxbOFZ

[Archie @megacontango]

@ARealSugarExprt Small mercies!

[Archie @megacontango]

If you’re looking for signs the oil shipping business has been doing well…

[EuroFoot @eurofootcom]

🚨🇬🇷 Olympiacos owner Evangelos Marinakis on building a new stadium: "We will present the GREATEST project ever unveiled in the history of Greek football: a unique undertaking for which no state funding has been requested, none has been granted, none will be granted, and not a single Greek taxpayer will bear any financial burden." ✅

[Javier Blas @JavierBlas]

Chinese state-owned oil trader Unipec offered today a key North Sea crude oil at its widest discount to the Dated Brent benchmark in six years (during the peak of the Covid lockdowns in April 2020). Beijing’s oil buying strike continued.

[Jack Farchy @jfarchy]

Trafigura Pays Record Dividend as Profit Soars Over $4 Billion

@megacontango

https://t.co/mg7OkDFnki

[Archie @megacontango]

“In Europe and I think in the US, everyone is kind of asleep at the wheel and just carrying on life as normal,” Tom Baker, a board member at Vitol, said at S&P Global’s Middle East Petroleum & Gas Conference in London.

https://t.co/CzXQgluUXr

[Jack Farchy @jfarchy]

Gunvor’s Geneva Offices Searched in Corruption Probe

@hugodmiller @megacontango

https://t.co/oYH0Ofai75

[Jack Farchy @jfarchy]

Willy Strothotte, Ex-Glencore CEO Who Ousted Marc Rich, Dies at 82

@megacontango

https://t.co/Svz7ZYE8Hh

[Javier Blas @JavierBlas]

A little-known Swiss trading company played a key role in getting an oil supertanker transit through the Strait of Hormuz, a stop-start journey that captivated the market earlier this month https://t.co/F8llNC7EDj