Vitol announces the supply of more than one million barrels of oil from the United States to Europe per day
ARK NEWS… Russell Hardy, director of oil trading company Vitol, said that more than one million barrels of oil will be shipped from the United States daily, to European countries, to replace Russian crude oil.
Hardy added, in an interview on the sidelines of the 38th Asia-Pacific Petroleum Conference, that it is now necessary for raw materials from the Russian Federation to "find a home" somewhere outside Britain, the United States, and the European Union.
Hardy expressed his belief, that the raw materials from Russia, "will move away more and more and find for themselves other markets, and during that will have to be sold with discounts in the price."
He pointed out that the fuel will be supplied from Russia to Asia and the Middle East, and the oil will be sent from there to the West.
He said, "As you can see, the fuel that should have stayed in Europe is heading to the east. At the same time, fuel is being supplied from east to west to make up for the shortage."
Source: TASS
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