News Oil & Gas

Oil Traders Regain Their Swagger With World Desperate for Fuel

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As the world’s biggest oil and gas traders descended on Singapore this week for one of their industry’s top conferences, it wasn’t just the maskless crowds and packed late-night cocktail parties reminding them of times past.

After years in the shadow of fast-growing clean energy, hydrocarbon merchants returned to the city’s brightly lit streets and rooftop bars with a renewed sense of purpose. Amid a global energy crisis and upended trade flows as a result of Russia’s invasion of Ukraine, traders are playing a crucial role securing supplies in a world desperate for affordable fuel.

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