Vitol 2018 volumes and review
(WorldNews Netherlands)

Vitol 2018 volumes and review Highlights: o Crude oil and product volumes increase to 7.4 million barrels per day o IPOs for Viva Energy and Vivo Energy o Re-acquisition of 50% of VTTI (with IFM Investors) o First investment in Brazilian downstream sector Statement from Russell Hardy, Group CEO, Vitol: Vitol`s performance in 2018 was stable. Traded volumes of crude oil and products rose to 7.4 million barrels per day which, combined with the increase in the underlying price of oil, resulted in turnover of $231 billion. We continue to manage our business prudently with a focus on the careful management of both physical and financial risks. Core trading business Fundamentals through 2018 were...