Little-known commodity traders help Russia sell oil

There is a group of under-the-radar commodity traders 1650541684?mod=article_inline" target="_blank" class="icon none" rel="nofollow noopener">Russian oil roastingStepping up to procure and transport crude for customers as their larger rivals withdraw from the market.

Little known traders including Paramount Energy & Commodities SA and Coral Energy Pte. Ltd. are buying unwanted Russian oil at huge discount. For risk taking, companies can earn $20 million or more on a single cargo, depending on the size of the tanker, according to traders. This is up from the pre-war $600,000.