Gas and power markets are facing radical change
CCI aims to profit from gas and power experience
The commodity trader believes its reduced focus on liquids trading compared with its peers could offer it an advantage in the energy transition
Castleton Commodities International (CCI), the trading firm born out of a management buyout of Louis Dreyfus’ energy trading arm, is banking on its traditionally greater exposure to gas and power markets to give it an edge over its more oil market-focused peers as the world adjusts to a lower-carbon future. “It is no secret that we have been predominantly in the gas and power business for a very long time. It is where we have made the lion's share of our earnings,” the firm’s CEO William Reed told the FT Global Commodities Summit. “We are also active in the oil liquids space, but we have always been a little bit different than some of our peers… in the sense that we have always had a focus o
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
