Oil trader Yaoyao Liu, who made billions for Vitol, to leave firm

· Energy · Switzerland · Singapore

Yaoyao Liu, whose trading in oil derivatives made billions of dollars for Vitol Group over a career marked by dramatic highs and lows, is leaving the commodities trading giant, Bloomberg reported. Liu became one of the most closely watched figures in oil trading, and her departure raises questions about Vitol's derivatives strategy. The report did not say where she is going or who will take over her responsibilities. Vitol is one of the world's largest independent energy traders.

Why it matters:The exit of a top derivatives trader at a major energy house can signal shifts in risk appetite and talent in global oil trading.

Key points

  • Liu's oil derivatives trading made billions for Vitol.
  • Her career was marked by dramatic highs and lows.
  • No destination or successor was reported.

Sources (original reporting)

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