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Maroc Maroc - CYPRUSSHIPPINGNEWS.COM - A La Une - 04/Jul 06:53

Product Tanker market to rebalance in response to contracting oil demand

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, comprising more than half of the share […]

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