How Products Ebb And Flow
22 April 2016: Since the global financial crisis, when product trades declined as a result of a sudden pull-back in oil demand, the oil trades (both crude and products) have made a comeback. However, the individual products that are driving the expansion of oil demand are not all growing at the same rate. Also, product demand is growing at different rates in different regions of the world. In this week’s Tanker Opinion we want to highlight some of the recent trends in product demand and their possible implication for product flows and tanker demand.
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