# Vitol CEO says Western countries have no oil inventories left

https://mins.news/en/item/88441

- TASS, 2026-10-06 17:45 UTC
- Economy
- Original: https://tass.com/economy/2198425

> Vitol CEO Russel Hardy said fuel markets remain extremely tense and Western countries have no oil inventories left to draw down. He expects the fuel-market crisis to persist for several more months, with petroleum products likely to remain very tight through and beyond the winter.

## Stories

- [European Energy Security and Supply Crisis](https://mins.news/en/topic/europe-energy-security-crisis) — Markdown: https://mins.news/en/topic/europe-energy-security-crisis.md

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- [Executives say the world has nearly exhausted its oil stockpile buffer](https://mins.news/en/item/88448) — Reuters, 2026-10-06