Citadel defies commodities slump to rack up $4 billion in gains
Briefly

Citadel's commodities business has generated about $4 billion in profit this year, largely driven by strong natural gas trading, solidifying its status in the sector.
Despite a general industry slowdown in energy trading, Citadel's unique position with its merchant trading group and strategic focus on natural gas has allowed it to thrive.
The crude and fuel trading unit faced challenges with staff changes, yet significant gains in natural gas trading in Europe and North America more than compensated.
Citadel's ability to navigate both physical and financial commodities markets has enhanced its reputation, demonstrating resilience amid broader market fluctuations.
Read at Fortune
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