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Equinor Crude Trader Departs

Bloomberg Markets •
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David Barratt, Equinor ASA's chief crude trader, has departed the company after a nine-year tenure. Barratt managed the energy giant's global crude-trading operations from London. His exit follows a series of departures from the Norwegian company.

Several traders, including Birger Birgersen and Jesus Rodriguez, have left Equinor in the past year, with some moving to competitors like Exxon Mobil Holdings Corp. The company declined to comment on Barratt's departure or the broader trend of employee exits.

Barratt's departure could signal internal shifts within Equinor's trading division. Investors and market participants will be watching for any potential impact on the company's crude oil trading strategies and market positioning, especially given the current volatility in energy markets.