Vitol's CEO - "absolutely" see significantly lower demand for oil products

  • Vitol's CEO says significantly lower demand for oil products; we'll see demand destruction for more months; "absolutely" seeing signs of oil demand destruction

Vitol's CEO says significantly lower demand for oil products; we'll see demand destruction for more months; "absolutely" seeing signs of oil demand destruction

Also says China is unlikely to see demand rebound until H2 2023.

Link to Newsquawk's report

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