The International Energy Agency (IEA) said it expects a lacklustre growth in marine fuel demand for the years to come due to regulatory pressure and slow recovery in international trade.
In its Oil 2021 report, OECD’s energy analysis body said global bunker demand will grow 160,000 barrels per day (bpd) this year before expanding by 55,000 bpd per year between 2022 and 2026.
