Energy trading companies are companies that deal in the trading of products such as crude oil products, electricity, natural gas products, and wind power. These energy trading firms have rules and regulations established around the world guiding their markets.
However, the major challenge faced by most traders in the energy market is not being aware of the markets’ rules, especially, not knowing the right platform or company to trade with.
There are several energy trading companies today that you can trade at any time and make a fat profit. These companies have unique features that distinguish them from one another.
In this article, we will consider the Top 15 of these companies and some of the energy commodities they trade. With this list of 15 Top Energy Trading Companies, you will know the best platforms you can trade on this 2021.
Table of contents
What Is The Role Of Energy Commodities?
Energy has the greatest effect on our everyday lives. Energy costs have an effect on the cost of almost everything we buy, from our food stores, the clothing we carry, the mobile gadgets we use, and the gasoline we load in our vehicles.
They calculate the cost of heating and cooling our houses, businesses, warehouses, hospitals, and schools. In reality, a planet without energy will be a world without the essential stuff that we need to live.
How Much Energy Do We Consume?
The metric that we usually use to describe the quantity of energy is the British Thermal Unit (Btu), which is a measure of the heat content of the fuel.
According to the US Energy Information Agency (EIA), annual global energy demand is more than 125 quadrillion Btu and is projected to rise to 138 quadrillions Btu by 2050.
To place the importance of these figures in perspective, we should compare them to the use of fossil fuels in the world’s largest economy.
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What are the Types of Energy?
The energy we use can be divided into two groups. Renewable and non-renewable.
Renewable energy accounts for about 21% of global electricity generation and about 12.5% of overall energy consumption.
However, renewable energy has five main sources:
- Solar – From the sun
- Geothermal – From heat within the earth
- Wind –From the natural movement of air
- Biomass – Living matter
- Hydropower –From flowing water
Talking about non-renewable energy, close to 90% of the energy consumed worldwide derives from five non-renewable sources which includes;
- Petroleum Products – crude oil and various refined crude oil products including gasoline, heating oil, diesel fuel, jet fuel, lubricating oils, and asphalt.
- Hydrocarbon gas liquids – gas liquids derived from natural gas and crude oil and include alkanes
- Natural gas – energy consisting mainly of methane that is found deep beneath the earth’s surface.
- Coal – a sedimentary rock that can be burned for fuel.
- Nuclear energy – An energy source derived from splitting the atoms of uranium and producing a chain reaction of energy.
What Are the Main Energy Commodities?
- Crude Oil
- Gasoline
- Heating Oil
- Coal
- Natural Gas
- Electricity
- Ethanol
- Uranium
What Are the Top Energy Commodities Companies?
#1. Vitol
Revenues: $231 billion
Vitol is one of the top energy Trading companies ever existed. The company is a private company established in 1966 by Ian Taylor.
Vitol is renowned as the world’s largest physical oil and gas trader with over 5441 employees.
Record has it that the company trades commodities like crude oil which is its major commodity, sugar, metals, and grains.
Furthermore, engages in the extraction, trade, refining, storage, and transport of energy.
Note, Vitol has its headquarters in the following countries: Headquarters: Geneva, Switzerland; Rotterdam, the Netherlands. And has revenues of $241 billion.
To read more about this top energy company visit the official website.
#2. Glencore International
Revenue: $219 billion
Seconded by Vitol is Glencore with #219 billion. Glencore International is another top energy company in the world that trades metal, minerals, and oil.
The company was founded in 1974 by Marc Rich, an international commodities trader, hedge fund manager, financier, businessman, and financial criminal.
Aside from the commodities mentioned above, Glencore also trades aluminum, copper, zinc, and other materials.
Note, Glencore has its headquarters in the following countries: Baar, Switzerland, London (Oil and Gas), and Rotterdam with over 158,000 employees.
To read more about this top energy company visit the official website
#3. Cargill
Revenue: $114.6 billion
Cargill is an international producer and marketer of food, agricultural, financial, and industrial products, and services established in 1865 by William Wallace with a one-grain storage silo in Iowa.
The energy company is a private company that is prominent in energy, foodstuffs, steel, salt, and biofuels productions.
As of 2018, the company’s revenue was $114.6 billion. Note that the company has over 150,000 employees.
To read more about this top energy company visit the official website.
#4. Koch Industries
Revenues: $115 billion
Koch Industries is among the top energy companies that focus majorly on refining, chemicals and biofuels; forest and consumer products; fertilizers; polymers, and fibers.
The company was established in 1925 by Winkler-Koch Engineering and Fred Koch as a co-founder.
Note, the company’s headquarters is in Wichita, Kansas and it has up to 120,000 staff.
To read more about this top energy company visit the official website.
#5. Archer Daniels Midland
Revenue: $ 64.34 billion
ADM Company as it’s popularly called is an American multinational food processing and commodities trading corporation established in 1902.
The company runs over 270 plants and 420 crop procurement facilities worldwide, where cereal grains and oilseeds are processed into products used in food, beverage, nutraceutical, industrial, and animal feed markets worldwide.
Its headquarters is in Chicago, Illinois, U.S, and over 38,000 staff. Note, ADM produces and trades in corn syrup, high fructose corn, syrup, feed, ethanol, bioenergy, and food. It also produces sunflower seeds, canola, peanuts, flaxseed, palm kernel, and DAG oil.
To read more about this top energy company, visit their official website.
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#6. Gunvor International
Gunvor International is a private energy company founded in 2000 by Swedish oil trader Torbjörn Törnqvist and Russian businessman Gennady Timchenko.
It is one of the world’s largest independent commodities trading companies that create logistics solutions that safely and efficiently move physical energy and bulk materials from where they are sourced and stored to where they are demanded most.
Basically, the energy company engages in the trade, transport, and storage of oil and petroleum products internationally. It is today known as companies that help in the smooth running of worldwide energy markets.
Currently, Gunvor has over 1,600 employees and a revenue of $70 billion. Note, the company’s headquarters are in Cyprus, Geneva, Switzerland, Singapore, Dubai, and the Bahamas.
To read more about this top energy company visit the official website.
#7. Trafigura
Revenues: $180.7 billion
Next on our list of 15 top energy Companies in the world is Trafigura. Trafigura is one of the world’s leading private commodity trading and logistics houses founded in 1993 by Claude Dauphin, Eric de Turkheim, and Graham Sharp.
Basically, Trafigura engages in the sourcing and trading of crude oil, petroleum products, renewable energies, metals, metal ores, coal, and concentrates for industrial consumers worldwide
The company has built a global business on service and performance with a major focus on creating long-term value for its customers by prioritizing their interests.
They also help make a trade happen through physical commodities from where they are plentiful to where they are most needed – reliably, efficiently, and responsibly.
The company gives an opportunity to both producers, existing or potential partners in government or business, and end-users to get closer to their markets. Note, the company has its Headquarters in Singapore, Geneva.
To read more about this top energy company visit their official website.
#8. Mercuria
Revenue: $122 billion
Mercuria is another company that can’t be missing from this list.
The company is a private company established in 2004 by former Phibro executives Marco Dunand and Daniel Jaeggi.
It is more of a physical trader of energy like crude oil and its products. Its core business is sourcing, supplying, and trading crude oil and refined petroleum products.
Currently, the company has over 1000 employees with its headquarters in Geneva, Switzerland.
To read more about this top energy company visit the official website.
#9. Noble Group
Revenue: US$46 billion
Noble Group Holdings Limited is one of the top private energy companies in Hong Kong established in 1986.
The company trades energy products and industrial raw materials. Its products include Energy, Metals, Minerals, and Logistics.
Noble Group further provides supply chain management services for agricultural, industrial, and energy products worldwide.
To read more about this top energy company visit the official website.
#10. Louis Dreyfus
Revenue: $43 billion
Louis Dreyfus is one of the world’s leading merchant companies that deals in agriculture, food processing, international shipping, and finance.
The company owns and manages hedge funds, ocean vessels, and develops and operates telecommunications infrastructures. They also deal in real estate development, management, and ownership.
The company was established by Leopold Louis-Dreyfus in 1851 and has over 22,000 employees currently.
To read more about this top energy company visit their official website.
#11. Bunge Limited
Revenues: $45.7 billion
Bunge is one of the top public energy companies that trades Oilseeds and grains, produces sugar and ethanol, and mills wheat and corn.
They also produce ingredients used by food companies and sell fertilizer in North and South America. Also, it deals with food processing, grain trading, and fertilizer.
The company was established in 1818 by Johann Peter Gottlieb Bunge in Amsterdam and currently has over 32,000 employees.
To read more about this top energy company visit the official website.
#12. Wilmar International Limited
Revenue: US$50 billion
Wilmar International Limited is a Singaporean food processing and investment holding company that provides management services to its 400+ subsidiary companies. The company was established in 1991 as Asia’s agribusiness group alongside the COFCO Group.
Wilmar with over 90,000 employees trades oil palm cultivation, edible oils refining, oilseeds crushing, consumer pack edible oils processing and merchandising, specialty fats, oleochemicals, and biodiesel manufacturing, grains processing, and merchandising, and sugar milling and refining.
To read more about this top energy company visit the official website.
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#13. Acardia
Arcadia Petroleum Ltd. is based in the United Kingdom. It deals in the trading of crude oil, goods, and oil derivatives in the Americas, North and West Africa, the Mediterranean, the Middle East, and the Far East.
It also runs a fleet of long-term charter boats. In addition, the firm specializes in paper dealing with the future of crude oil and goods.
It also provides operating services; and participates in the organization of finance for the purchase of assets, storage funding, and pre-financing for state-owned oil producers.
The company was established as Tawneydene Limited in 1988 and changed its name to Arcadia Petroleum Ltd. in October 1988.
To read more about this top energy company visit the official website.
#14. Mabanaft
Revenue: €13.875 billion
Mabanaft is a leading independent, integrated energy firm. Mabanaft provides its customers with creative energy options for their travel, heating, and manufacturing needs.
The Mabanaft Company is an international retailer that focuses on the physical trading of petroleum products.
In addition, the firm deals in the trading of petroleum oil, natural gas liquids, and biofuels.
The company with over 6,715 employees engages in the wholesale and import of petroleum products in Europe, North America, South America, Africa, and Asia.
To read more about this top energy company visit the official website.
#15. Phibro
Revenue: $250 Million
Phibro is one of the top energy companies established in 1901. The company is an international physical commodities trader that trades in crude oil, oil products, natural gas, precious and base metals, agricultural products, commodity-related equities, and other products.
The company is a private company with its headquarters situated in Stamford, Connecticut. To read more about this top energy company, visit their official website.
FAQs on the Energy Trading Companies
According to the US Energy Information Agency (EIA), annual global energy demand is more than 125 quadrillion Btu and is projected to rise to 138 quadrillions Btu by 2050.
The energy we use can be divided into two groups – renewable and non-renewable.
Renewable energy has five main sources:
Solar – From the sun
Geothermal – From heat within the earth
Wind –From the natural movement of air
Biomass – Living matter
Hydropower –From flowing water
The non-renewable sources include;
Petroleum Products
Hydrocarbon gas liquids
Natural gas
Coal
Nuclear energy
#1. Vitol
#2. Glencore International
#3. Cargill
#4. Koch Industries
#5. Archer Daniels Midland
#6. Gunvor International
#7. Trafigura
#8. Mercuria
#9. Noble Group
#10. Louis Dreyfus
References
- http://www.futuresmag.com/2019/09/12/top-10-global-commodity-trading-companies-move-markets?page=10
- https://www.spglobal.com/platts/top250/company-rank/1
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