Warren Buffett’s Pilot Co is shuttering its international oil trading business, ending an excursion into the trillion-dollar global market to refocus on its Pilot Flying J service stations and truck stops in the U.S., three sources told Reuters on Tuesday. The company, a unit of Buffett’s Berkshire Hathaway has let go of almost all employees running international trading, two sources familiar with the matter said. Known for its service stations and truck stops, Knoxville, Tennessee-based Pilot began international trading after Berkshire Hathaway took a 39% stake in 2017.Read More
Exclusive-Warren Buffett’s Pilot Co shuts oil trading business, sources say
