Gasoline demand already peaked as pandemic changes tanker trades
Crude demand won’t reach 2019 levels until 2023 but will peak two years later as home-working and oil transition lowers consumption, International Energy Agency five-year forecast shows
Gasoline accounts for a quarter of crude demand, with overall transport fuel use contracting in Europe and north America, and petrochemical sector accounting for 70% of growth in refined products through to 2026