IEA anticipates increased oil consumption and longer voyages

The International Energy Agency has presented its forecast for the medium-long term, which projects daily oil consumption that will soon surpass 100 million barrels. This means that tanker carriers will likely face longer voyages when sailing oil.
Photo: DHT
Photo: DHT

IEA, the International Energy Agency, sees the oil trend heading in one way only, and that is toward ever increasing consumption, which means daily consumption will soon surpass the magic threshold of 100 million barrels per day.

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