Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. It is extracted from the ground and refined into various products, including gasoline and diesel.

What is the energy market?

The energy market refers to the marketplace where energy commodities, such as oil, gas, and electricity, are bought and sold. Prices in this market can fluctuate based on supply and demand dynamics.

What is market analysis?

Market analysis involves assessing the dynamics of a market within a specific industry. It includes evaluating market trends, competition, and consumer behavior to inform business strategies.

What is demand in economics?

Demand in economics refers to the quantity of a product or service that consumers are willing and able to purchase at various prices. It is a fundamental concept that influences market dynamics and pricing.

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Vitol CEO says more Russian crude and products set for Asia in 2023

Published by Wanda Rich

Posted on June 21, 2022

1 min read

Last updated: February 6, 2026

Vitol CEO Russell Hardy discusses Russian crude oil supply to Asia - Global Banking & Finance Review — Image of Vitol CEO Russell Hardy speaking at the Asia Oil & Gas Conference, discussing the increase of Russian crude oil exports to Asia in 2023 and the impact on global energy markets.

Vitol CEO says more Russian crude and products set for Asia in 2023

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