A founding father of modern oil trading, Ian Taylor of Vitol, died on June 8. Lauded as a major philanthropist in the UK, Taylor’s wealth derived from his insights into how to make novel markets for the trading of hydrocarbons. His legacy should be understood in the context of how modern oil trading has provided greater flexibility for countries, like Libya, who are in certain instances boxed out of traditional markets. It is for Libyans to determine how to use the “services” of oil traders. Whether they do so wisely or foolishly, Taylor will certainly be missed for his wit, modesty, and charitable contributions.