Product Tanker market to rebalance in response to contracting oil demand

Capt. John

The recent IEA report forecasting a decline in oil demand by the end of this decade has raised concerns regarding the outlook of the product tanker market. This fall is mainly driven by a shift towards electric vehicles and more efficient engines, affecting demand for gasoline and diesel,...

https://www.hellenicshippingnews.com/product-tanker-market-to-rebalance-in-response-to-contracting-oil-demand/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon