Surging fuel prices are already causing demand destruction: Vitol - Markets Insider

There's evidence out there of "economic stress" being caused by the high prices, Vitol's Mike Muller said in a Sunday podcast.

Global fuel prices are surging, but consumers are getting squeezed and it's already starting to erode demand, according to leading oil trader Vitol.  Speaking on podcast hosted by Gulf Intelligence … [+1812 chars]

full article...