News
16 September 2020

Vitol says oil stockpiles will shrink rapidly by year-end

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

The world’s biggest independent oil trader says global stockpiles of the commodity will keep shrinking, offering a starkly more bullish view of the crude market than some of its rivals.Vitol Group said inventories have been falling sharply and will continue to decline this year. Trafigura...

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