Global Fuel Oil Demand as Seen in 2025 and in 2020

LONDON, Oct 2 (Reuters) – Global fuel oil demand has exceeded expectations in recent years, according to the International Energy Agency and other forecasters. The IEA’s latest medium-term outlook projects that residual fuel oil demand in 2025 will be 4.8% higher than in 2019, compared with a 1.9% increase in gasoline consumption. In contrast, demand … Read more