The level of oil demand throughout the world shows significant fluctuations from one season to another. To some extent, the effect of these fluctuations on tanker demand is moderated by adjustments in oil stock levels. However, until recently, it has been normal for seasonal changes in oil demand to be reflected in tanker freight rates. The relationship has, on occasions, been clouded by the effects of political crises, such as the nationalization of Libyan oil. The study shows the extent of seasonal fluctuations in oil demand by products and by area, and how these have changed in the past. A forecast of the future trends will be made, taking into consideration the effect of such factors as environmental protection, alternative energy usage and the geographical distribution of demand.

  • Corporate Authors:

    Drewry (HP) (Shipping Consultants) Limited

    Palladium House, 1-4 Argyll Street
    London W1V 1AD,   England 
  • Publication Date: 1975

Subject/Index Terms

Filing Info

  • Accession Number: 00126049
  • Record Type: Publication
  • Source Agency: Drewry (HP) (Shipping Consultants) Limited
  • Report/Paper Numbers: NO. 30
  • Files: TRIS
  • Created Date: Oct 18 1975 12:00AM