Distillate Disconnect
The European oil demand outlook is back in focus ahead of this winter, as continued macroeconomic developments cast a shadow over the region’s energy market. In particular, European distillate demand is expected to underperform as lower industrial activity, reduced road fuel demand and EV uptake gathers pace. With that in mind, one might question whether underlying demand levels are sufficient to sustain a bullish product tanker market.
See Full Report Here
See Full Report Here
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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