Metals traders report record profits for second year, Javier Blas notes

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24.10.2026

Metals traders report record profits for second year, Javier Blas notes — Metals traders post consecutive record profits

Metals traders are earning billions of dollars in a second consecutive blowout year for the sector, with several top trading houses achieving record profits. Javier Blas, energy and commodities columnist at Bloomberg, reported the development.

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Blas previously reported that global crude oil shipments are nearing record highs, based on recent data excluding Iranian barrels. He also covered Gunvor’s decision to rebrand as Centalion and move its headquarters to Singapore. Both developments have drawn industry attention in the commodities trading sector this year.

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