Vitol expects the price of oil to have dropped to about $75 a barrel by this time next year, the global energy trader’s chief executive said. CEO Russell Hardy told the Energy Intelligence Forum he expects oil demand levels to return to pre-pandemic levels by the summer of 2022. “We are 2.5-3...
https://www.hellenicshippingnews.com/energy-trader-vitol-expects-oil-at-75-a-barrel-next-year/