Tag
Vitol Group
3 articles
Gunvor Warns 5M bpd Loss, Iran War
Gunvor warns demand loss could hit 5 million barrels/day in May, about 5% of global supply if Hormuz stays closed.
Vitol CEO Russell Hardy says war has already removed ~4 million barrels/day of demand
Oil Traders Warn Demand Destruction Hits 5 mln bpd
Gunvor predicts demand loss could reach 5 million barrels per day in May, about 5% of global supply.
Vitol CEO Russell Hardy says war has already removed ~4 million barrels daily, with further reducti
Gunvor, Vitol Warn 5 M bpd Demand Destruction
Gunvor warns demand destruction could hit 5 M bpd in May, about 5% of supply, if Hormuz stays closed three months.
Vitol CEO Russell Hardy says the war has already removed ~4 M bpd of demand, which wi