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Middle East Oil Flows of Around 14 Million Barrels a Day Help Ease Price Pressure: Vitol CEO

Summary by Business Times
The global oil market had proven fairly resilient to various disruptions this year, Hardy said Read more at The Business Times.

6 Articles

SANASANA
Left

About 12 Million Barrels of Oil Leave the Middle East Every Day.

The CEO of Vitoul Primary Commodity Trading, Russell Hardy, said today Tuesday: about 12 million barrels of crude oil and 2 million barrels of refined products leave the Middle East region every day for the past seven to ten days.

·Syrian Arab Republic (the)
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Business TimesBusiness Times
Lean Right

Middle East oil flows of around 14 million barrels a day help ease price pressure: Vitol CEO

The global oil market had proven fairly resilient to various disruptions this year, Hardy said Read more at The Business Times.

·Singapore, Singapore
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BloombergBloomberg
Center

Oil Inventories in the West Have Been Exhausted, Vitol CEO Says

·New York, United States
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BizTocBizToc

Vitol CEO says current Middle East flows enough to prevent $200/barrel scenario

The Entire Business World on a Single Page with the Web's Most Comprehensive One-Stop Finance News Hub.

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bloomberght.combloomberght.com

Vitol CEO Warns About Oil Inventories in the West.

The head of the world's largest independent oil trader warned that fuel markets would remain tight going into winter, citing depleted oil reserves in Western countries due to the war with Iran.

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TokenPostTokenPost

Vitol Energy CEO Warns Oil Could Reach $200 a Barrel

Middle East shipments averaged about 12 million barrels of crude oil and 2 million barrels of refined products daily over the past seven to 10 days.

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Bias Distribution

  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left

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TokenPost broke the news on Tuesday, October 6, 2026.
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