First Squawk(@FirstSquawk):Yaoyao Liu Exits Vitol After Billions in Trading Profits Yaoyao Liu is leaving Vitol after a 14-year career in which his oil derivatives trading reportedly generated billions of dollars in profits. His biggest success came in 2022, when his team reportedly earned over $1 billion amid the Russia-Ukraine war. However, consecutive years of trading losses, compounded by the 2026 Iran war-driven oil price surge, put his positions under scrutiny. Liu stepped back from daily trading around mid-year and plans to focus on his family and family office.

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2026.10.17 11:16

Yaoyao Liu Exits Vitol After Billions in Trading Profits Yaoyao Liu is leaving Vitol after a 14-year career in which his oil derivatives trading reportedly generated billions of dollars in profits. His biggest success came in 2022, when his team reportedly earned over $1 billion amid the Russia-Ukraine war. However, consecutive years of trading losses, compounded by the 2026 Iran war-driven oil price surge, put his positions under scrutiny. Liu stepped back from daily trading around mid-year and plans to focus on his family and family office.