Oil Trader Yaoyao Liu Who Made Billions for Vitol Is Leaving
Yaoyao Liu is leaving Vitol after 14 years with the commodity trading firm. Liu previously generated billions in profits through oil derivatives trading, including more than $1 billion in 2022. He stepped back from daily trading operations in mid-2026 following a series of consecutive losses. His departure follows reports that he was at the center of significant losses due to a wrong-way bet.
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- β Yaoyao Liu is leaving Vitol Group.
- β Liu specialized in oil derivatives trading.
- β Liu spent 14 years at Vitol.
- β Liu generated over $1 billion in profits in 2022.
What changed
Yaoyao Liu is departing Vitol after stepping back from daily trading earlier this year.
Live updates
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Top Oil Derivatives Trader Yaoyao Liu Exits Vitol
Yaoyao Liu is leaving Vitol after 14 years with the commodity trading firm. Liu previously generated billions in profits through oil derivatives trading, including more than $1 billion in 2022. He stepped back from daily trading operations in mid-2026 following a series of consecutive losses. His departure follows reports that he was at the center of significant losses due to a wrong-way bet.
Why it matters
Vitol is a global commodities trading giant. Liu was a star trader whose high-volume derivatives strategies drove substantial revenue before recent market bets failed.
What is confirmed
- Yaoyao Liu is leaving Vitol Group.
- Liu specialized in oil derivatives trading.
- Liu spent 14 years at Vitol.
- Liu generated over $1 billion in profits in 2022.
Still unconfirmed
- Liu made a wrong-way bet that led to huge losses.
- Liu stepped back from daily trading mid-year after consecutive losses.
What to watch next
- Official statement from Vitol regarding leadership changes in oil derivatives trading.
- Disclosure of the total financial impact of Liu's recent trading losses.
confidence 90%Sources used for this update (6)
- Bloomberg.com β Oil Trader Yaoyao Liu Who Made Billions for Vitol Is Leaving
- WSJ β Exclusive | Star Oil Trader Who Made Wrong-Way Bet to Leave Vitol
- GuruFocus β Commodity Trading Giant Faces Leadership Change as Yaoyao Liu De
- Quantum Commodity Intelligence β Vitol trader at centre of huge losses set to leave: report
- hyperdash.com β Vitol's Top Oil Derivatives Trader Yaoyao Liu Exits Firm
- tyriantrade.com β Oil Trader Yaoyao Liu Departs Vitol Group Β· Tyrian Trade Insights
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