Fri, 26 Apr 2024 21:00:58 +0000

The International Energy Agency’s (IEA) latest Oil Market Report paints a surprising picture for the future of oil. While global oil demand is expected to notch up some growth in 2024 and 2025, the pace of that increase is slowing dramatically, hinting at a potential peak in consumption sometime this decade. This marks a significant …

 

Full article: https://www.hellenicshippingnews.com/end-of-the-oil-supercycle/