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Vitol Says Refiners Face 'Soft Patch' in 2024 on New Plants

(Bloomberg) -- Global oil refiners will suffer a “soft patch” next year as new capacity in Mexico, Africa and the Middle East boosts fuel supply, according to Vitol Group’s Head of Research Giovanni Serio.Most Read from BloombergRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexThailand Takes $28 Billion Malacca Strait Bypass Plan to USS&P 500 Up 2% as Bets ‘Fed Is Done’ Sink US Yields: Markets WrapUS Frustration With Israel Grows as Gaza Civilian ...
Bloomberg Businessweek Mike Muller Clara Ferreira Marques Vitol Group Head Of Research Giovanni Serio Middle East Vitol Group
Source: yahoo.com

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