The World’s Biggest Oil Trader Wants to Buy Your Used Car

  • Vitol starts second-hand vehicle venture in Turkey, Pakistan
  • Crude traders are diversifying amid the energy transition
Photographer: Angus Mordant/Bloomberg
Lock
This article is for subscribers only.

If you live in Turkey or Pakistan and are looking to sell your car, the world’s biggest independent oil trader wants to make a deal.

Vitol Group, which traded more than 8 million barrels of oil and petroleum products a day in 2019, is getting into the used-car business.