熟悉情况的人士称，因在伊朗战争初期的一笔赌注中陷入巨额亏损的明星石油交易员刘耀耀（Yaoyao Liu）将离开商品巨头维特尔（Vitol）。
Yaoyao Liu, a star oil trader who found himself deep in the hole on a bet made at the start of the Iran war, is set to leave commodities giant Vitol, people familiar with the matter said.
今年早些时候，刘耀耀及其团队因在柴油和原油价格上押错方向而遭受数亿美元的亏损，《华尔街日报》在4月曾报道此事。部分亏损随后被快速弥补。
Liu and his team took a several-hundred-million-dollar hit earlier this year after a wrong way bet on diesel and crude prices, The Wall Street Journal reported in April. Some of the losses were quickly made up.
其团队的市值亏损在紧密相连的石油交易行业引发震荡，刘耀耀因经常在与能源市场挂钩的金融合约上进行大额且往往获利丰厚的赌注而闻名。
His team’s mark-to-market losses sent shock waves through the close-knit trading industry, where Liu was known for his big, and often lucrative, wagers on financial contracts tied to underlying energy markets.
熟悉情况的人士称，刘耀耀预计将在年底前离开维特尔。其中一人表示，他离开是出于家庭原因。
Liu is expected to leave Vitol by the end of the year, according to the people familiar with the matter. One of the people said he is leaving for family reasons.
刘耀耀的交易在石油交易世界充满机遇的时刻罕见出现失误。维特尔的几家同业，包括竞争对手Trafigura以及BP和TotalEnergies的交易部门，均从伊朗战争造成的供应链中断中获利。作为私人持股公司，维特尔尚未披露当年财务业绩。4月，一位熟悉情况的人士称，尽管刘耀耀的交易蒙受损失，维特尔当年整体仍然盈利。维特尔发言人拒绝置评。
Liu’s trade was a rare misstep at a moment of opportunity in the oil trading world. Several of Vitol’s peers, including rivals Trafigura and the trading arms of BP and TotalEnergies, have profited from the disruptions caused by the war in Iran. Privately held Vitol hasn’t disclosed financial results for the current year. In April, a person familiar with the matter said Vitol was up for the year despite Liu’s trades. A Vitol spokesperson declined to comment.
刘耀耀曾为维特尔带来巨额利润，他是交易大厅的领袖之一。熟悉情况的人士称，2020年，刘耀耀及其团队因押注疫情对石油市场的影响将是短暂的，为维特尔赚取了数十亿美元的利润。
Liu made outsize profits for Vitol, where he was one of the leaders on the trading floor. In 2020, Liu and his team made billions of dollars in gains for Vitol betting that the impact of the pandemic on the oil market would be short-lived, people familiar with the matter said.
刘耀耀的大额赌注曾是石油交易员和经纪人津津乐道的话题，许多人试图模仿他的操作并从他的先见之明中获利。
Liu’s big bets were an object of fascination among oil traders and brokers, many of whom tried to mimic his moves and profit on his prescience.
刘耀耀出生于中国，曾就读于剑桥大学并发表过量子化学论文。他在2012年加入维特尔，在此之前曾在高盛工作一段时间。
Born in China, Liu graduated from Cambridge University where he published a paper on quantum chemistry. He joined Vitol in 2012 after a stint at Goldman Sachs.
在维特尔公司，刘领导着位于迪拜、伦敦和休斯顿的分析师和交易员团队。虽然该商品交易商的同事主要负责移动原油和燃料的实体油罐车，或交易电力和天然气，但刘的团队则押注于与基础能源市场挂钩的金融合约。
Within Vitol, Liu led a team of analysts and traders in Dubai, London and Houston. While colleagues at the commodity trader mainly move physical tankers of crude and fuel or trade electricity and natural gas, Liu’s team wagers on financial contracts tied to underlying energy markets.
在伊朗战争爆发之初，他的团队押注柴油价格将相对于航空燃料上涨，且迪拜原油价格将相较于全球基准布伦特原油下跌。
At the start of the Iran war, his team made large bets that diesel prices would rise relative to jet fuel, and that Dubai crude would fall in price compared with the global benchmark, Brent crude.
如果特朗普总统从年初就令能源市场紧张的军事部署中撤退，这些头寸将获利。但战争爆发、伊朗封锁霍尔木兹海峡时，刘的交易因价格走势与其预期相反而蒙受损失。知情人士透露，自夏季起，刘就未再积极进行交易。
Those positions stood to benefit if President Trump pulled back from a military buildup that sent jitters through energy markets early in the year. Instead, when the war started and Iran shut the Strait of Hormuz, Liu’s trades went bad as price moves cut against him. Liu hasn’t been actively trading since the summer, according to the people familiar with the matter.
总部位于伦敦的维特尔在连接世界各地偏远地区的能源生产者与客户方面发挥着关键作用。去年，该公司每日处理约800万桶原油及石油产品，足以供应日本、德国、法国和英国的总需求。2025年，维特尔的营收达到3430亿美元，超过埃克森美孚。
London-based Vitol plays a crucial role connecting energy producers in far-flung corners of the world with customers. It handled about 8 million barrels of crude oil and oil products a day last year, enough to supply Japan, Germany, France and the U.K. combined. In 2025, Vitol had $343 billion in revenue, more than ExxonMobil.
请将稿件发送至rebecca.feng@wsj.com（ Rebecca Feng ）和peter.rudegeair@wsj.com（ Peter Rudegeair ）。
Write to Rebecca Feng at rebecca.feng@wsj.com and Peter Rudegeair at peter.rudegeair@wsj.com