Alkagesta on course for strongest year yet
Expansion into jet fuel and crude oil trading added to the company’s increasingly diverse commodities offer. International commodities trader Alkagesta this week announced record results for the first half of 2026. The news reflected continued growth in trading volumes, expansion into new product areas and greater activity across its international network, despite unprecedented volatility in […]…
Alkagesta, an international commodities trader, is on track for its strongest year yet, surpassing record half-year performance in 2026. The company's revenue reached $3.5 billion for the first six months of 2026, a testament to its continued growth in trading volumes and expansion into new product areas. Alkagesta's jet fuel and crude oil trading sectors drove this growth, with the latter including a first-ever shipment of 1.07 million barrels of crude oil to the Far East.
The company's Singapore hub also expanded, handling approximately 250,000 metric tonnes of trading volume monthly. CEO Orkhan Rustamov attributed the success to a disciplined growth approach and reliable customer supplies amidst volatile global markets. Looking ahead, Alkagesta plans to further strengthen its presence in the Crude market and jet fuel trading, while increasing its storage and logistical capacity.
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