Restocking and storage could emerge as factors in driving up tanker demand, Norway’s Gersemi Asset Management believes.
The Joakim Hannisdahl-led shipping fund manager is forecasting a more balanced oil supply and demand picture in 2025 after “a year of global destocking during 2024”.
It is predicting global petroleum supply to remain stable in the fourth quarter year on year, then rise 2% in 2025.
