Decline in demand for road fuel will be steepest in Europe and the U.S. and an anticipated rise in fuel use in countries such as India and China will fail to materialize, Bloomberg’s energy data and analysis firm said in a report published Tuesday. BloombergNEF, which forecast just a year ago that road fuel would peak in 2031, sees the change as bringing a significant drop in sales to those regions for fuel producers during the next decade.from Energy-Industry-Economic Times https://ift.tt/3kHak0O
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