Vitol, the world's largest energy trader, reported a net profit between $8 billion and $8.5 billion for 2024. While this marks a sharp downturn compared to the record-breaking results of 2022 and 2023, the company remains ahead of its competitors. This level of profitability reflects its strategic approach to operations and resilience, even amid lower market volatility.  

Recent years have brought significant changes to the U.S. oil and gas sector. Among these changes is the potential sale of VTX Energy Partners by global commodities trader Vitol. This deal could value the shale oil and gas producer at a substantial $3 billion, including debt. This strategic move aims to capitalize on the evolving market landscape while highlighting the trend toward asset consolidation in the industry.