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The West Rushes To Curb Russian Oil Revenue Without Increasing Prices - Vimarsana News

The West Rushes To Curb Russian Oil Revenue Without Increasing Prices

The West is scrambling to curb Russia’s oil revenue, but finding a solution could be difficult as crude prices continue to rise

Surging Fuel Prices Are Already Causing Demand Destruction: Vitol - Vimarsana News

Surging Fuel Prices Are Already Causing Demand Destruction: Vitol

There's evidence out there of "economic stress" being caused by the high prices, Vitol's Mike Muller said in a Sunday podcast.

Rising fuel prices causing demand destruction, says Vitol exec - Vimarsana News

Rising fuel prices causing demand destruction, says Vitol exec

RIYADH: The global surge in fuel price is starting to have negative effects on demand, according to a senior executive of the world’s biggest oil dealer. Mike Muller, who is the head of Asia at Vitol Group, recently told a Dubai-based media Gulf Intelligence that consumers are being badly affected by the price hikes of gasoline, diesel and other oil products. “There’s very

Soaring fuel costs beginning to weigh on global demand, says Vitol - Vimarsana News

Soaring fuel costs beginning to weigh on global demand, says Vitol

The world’s biggest independent oil trader says economic stress is causing demand destruction in oil and gas

Oil From Venezuela to Help Replace Russian Crude, Reuters Reports - Vimarsana News

Oil From Venezuela to Help Replace Russian Crude, Reuters Reports

The agreement would resume oil-for-debt swaps that have been halted for two years after the US imposed sanctions on Venezuela.