Oil Market Trends: Vitol research reveals pre-pandemic intensity return

  • Vitol expect a slight surplus in the global oil market for the next year.

Vitol global head of research

  • Says oil intensity of most economies has returned to pre-pandemic trends except for the US
  • Expect fairly balanced to slight surplus in global oil market for next yea

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Vitol is the world’s biggest independent oil trader. A giant Dutch energy and commodity trading company.

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