Chamber for Bulk Oil Distributors (CBOD), Ghana

World’s top oil trader says prices won’t rise much further

Oil prices won’t rise much further over the next year and a half as demand growth slows and refiners comfortably meet gasoline consumption, according to the world’s largest independent oil-trading house. “I cannot see the market really roaring ahead,” Vitol Group of Cos. Chief Executive Officer Ian Taylor told Bloomberg Television in an interview. “We […]