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Vitol Energy Group Bahrain head: The world cannot consume its inventory indefinitely, so if demand recovers, oil prices will rise further, and the only solution will be demand destruction.

2026-06-02

Vitol Energy Group Bahrain head: The world cannot consume its inventory indefinitely, so if demand recovers, oil prices will rise further, and the only solution will be demand destruction.

Other News
2026-06-02

Rosneft, the Russian oil company, reported first-quarter revenue of 2.032 trillion rubles, a 4.3% increase from the previous quarter. Net profit for the first quarter of 2026 is projected to increase sevenfold compared to the fourth quarter of 2025,

Rosneft, the Russian oil company, reported first-quarter revenue of 2.032 trillion rubles, a 4.3% increase from the previous quarter. Net profit for the first quarter of 2026 is projected to increase sevenfold compared to the fourth quarter of 2025, reaching 115 billion rubles.
2026-06-02

Hong Kong retail sales volume YoY +8.6% in April, down from +9.8% previously.

Hong Kong retail sales volume YoY +8.6% in April, down from +9.8% previously.
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