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Vitol Energy Group CEO: Global Refining Capacity Shortage Supports High Oil Prices

Vitol Energy Group CEO: Global Refining Capacity Shortage Supports High Oil Prices

智通财经智通财经2026/10/06 09:46
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The CEO of Vito Energy Group stated that the market remains elevated because there is no apparent solution ahead, and there is still a lack of global refining capacity. The Middle East crude oil crisis has evolved into a refined oil crisis, and subsequently into a shipping crisis. Despite facing so many disruptions, the oil market has coped quite well.

The CEO of Vito Energy Group stated: The market remains high because there is no obvious solution in sight, and there is still a lack of global refining capacity. The Middle East crude oil crisis has evolved into a refined oil crisis, and subsequently into a shipping crisis. Despite facing so many disruptions, the oil market has coped quite well.
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