Commodities trader Trafigura H1 profit boosted by COVID-19 volatility

Trafigura recorded its highest first half net profit since 2016, despite $580 million in impairments, as its oil and metals trading divisions thrived in the extreme volatility caused by Middle East events and COVID-19, the company said on Thursday.

This article was originally published by Reuters on the 11 June 2020.

Read the full article: https://www.reuters.com/article/trafigura-results/commodities-trader-trafigura-h1-profit-boosted-by-covid-19-volatility-idUSL8N2DN5V0

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