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Vitol
Geneva, Switzerland · Established 1966 · Profile updated July 1, 2026
Official website ↗Auditor Executive Assessment
Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum
Vitol Group is the world's largest independent energy trader, handling approximately 8 million barrels of oil and oil products daily plus significant LNG, gas, and power trading volumes. The privately held company operates 250+ ships and owns refining, storage, and retail assets globally.
FY2023 revenue exceeded $400 billion with net income near $13 billion, among the highest in commodity trading. Asset investments include Bahrain refinery, Fujairah storage, and Vivo Energy retail (Africa/Asia)...
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