The world’s thirst for oil and natural gas continues to grow. The International Energy Agency just increased its forecast for oil demand by 200,000 barrels per day in 2023 alone!
After the fallout with Russia’s invasion of Ukraine, Europe still needs exports from the Middle East and the U.S. to satisfy its need for these commodities.
The most reliable way to move oil from one point to another is via ship.
And that’s where another lucrative trend comes in…
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