News
30 March 2020

Vitol says oil demand is down as much as 20%

In:
Oil & gas
Region:
Middle East & Africa, Americas, Asia-Pacific, Europe

Global oil demand has fallen as much as 20% from last year as more countries lockdown billions of people inside their homes in a bid to halt the spread of the coronavirus, trader Vitol says.Russell Hardy, the head of Vitol Group, said that consumption of crude had dropped by between 15 million and...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
20 January 2026

Dealmakers: Nabil Jijakli, Credendo

TXF spoke with Nabil Jijakli, group deputy CEO at Credendo, to outline the activity of the Belgian ECA, from the rollout of its latest product offering for small-ticket deals...

Perspective
23 January 2026

Exile Group partners with Bridgepoint to support next level...

Exile Group welcomes Bridgepoint, a leading mid-market investor, which will take a minority interest in the leading provider of events and intelligence for the export, trade,...