Project Description

GAS OIL

The estimations show that the demand for gasoil will reach to 30 mb/d at the end of 2020; however, due to limitations and lock downs toward COVID-19, the demand has reduced. While the market was ascending in the third quarter of 2020, the demand is still lower than what was estimated in 2019.
Recent estimations show 26.3 mb/d globally demand for Gas oil.