26 June 2025
From Growth to Decline: The IEA’s 2030 Outlook and What It Means for Bunker Markets
The ‘Oil World’ will start to decline within the next 5 years
With oil prices in turmoil, moving much higher because of US, Israeli and Iranian attacks, and then much lower on what looks like a fragile ceasefire, it is perhaps a good time to take a ‘bigger picture’ look at the direction of the oil industry over the next 5 years. The IEA has just published its oil market outlook to 2030, and there is a lot within this analysis that will shape the bunker market over the rest of this decade.
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