Published Oct 6, 2026, 7:04 AM ET · Updated a month ago · 2 sources

Oil Inventories in Western Nations Exhausted, Vitol CEO Warns of Tight Market

bloomberg
bloomberg
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Original Report

Oil inventories in western countries have been exhausted as a result of the Iran war, the boss of the world’s largest independent oil trader said, warning that fuel markets are likely to remain tight going into winter.