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Ian Taylor, Trader Who Built Oil Powerhouse Vitol, Dies at 64

  • Former CEO died from pneumonia after long battle with illness
  • Vitol soared under Taylor to become biggest oil trader
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Ian Taylor, the trader who helped shape the modern oil market by transforming a small Dutch fuel merchant called Vitol Group into one of the world’s biggest commodity houses, has died.

“It is with great sadness that Vitol today announces the death of its Chairman and former CEO, Ian Taylor, from pneumonia, following a long battle with illness,” the company said in a statement. He was 64.