Motor Oil Group CIO Nick Giannakakis

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The former BAT CTO joined the €9.5 billion Greek energy conglomerate at the start off of 2020: the first time the organisation has experienced a team CIO job.

Motor Oil Team CIO Nick Giannakakis thinks the job of the Chief Data Officer is to be the “custodian of digital transformation”.

The former Chief Technological know-how Officer at British American Tobacco, Giannakakis joined the €9.5 billion revenue Greece-centered energy conglomerate at the start off of 2020 sitting on its govt administration crew, the first time the organisation experienced a team CIO job.

Operating in the southeast space of Europe, Motor Oil begun as an oil and gas business and its Corinth refinery is the second-most significant in Europe. It is now an finish-to-finish energy business as a single of the major stores in the region with far more than one,300 ease stores it sells direct to the shopper

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Oil ends lower after US crude stockpiles jump, gasoline demand sinks

Oil rates fell on Wednesday following US crude inventories rose previous 7 days by the most considering that 2016, when gasoline demand suffered its biggest weekly fall ever due to the coronavirus pandemic.

Crude inventories rose by 13.8 million barrels previous 7 days, the US Vitality Information Administration said. That was the biggest 1-7 days rise considering that 2016, and analysts be expecting comparable facts in coming weeks, as refineries curb output even further and gasoline demand carries on to decrease.=eci

West Texas Intermediate (WTI) crude fell seventeen cents to settle at $twenty.31 a barrel, following hitting a low at $19.90.

June Brent crude fell $1.61 , or six.1 per cent, to $24.seventy four a barrel. The global benchmark fell to $21.sixty five on Monday, its least expensive considering that 2002, when the now-expired May perhaps deal was the entrance month.

The market has slumped on the sharp tumble

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