Euronav CEO on Oil Tankers, Autos, Demand

The video discusses the future of oil shipping, highlighting the potential for continued demand despite the rise of electric vehicles. It examines the short-term impacts of natural disasters like hurricanes on the shipping industry, particularly in the US Gulf. The discussion also covers potential changes in the product mix due to new sulfur regulations and the ongoing demand for oil despite the growth of electric vehicles, which is largely driven by government subsidies. Finally, it addresses the challenges in projecting future oil demand and the role of organizations like the IEA and OPEC in managing these projections.

How did the hurricanes Harvey and Irma affect the shipping business in the US?

In what ways might the product mix in oil shipping change in the future?

What factors contribute to the demand for oil in the next 20 to 30 years?

What changes in regulations regarding sulfur content in fuels are expected in the near future?

What are the implications of the shift towards electric vehicles for traditional oil refineries?

What are the potential long-term impacts of electric vehicles on oil demand?

How does the current state of oil shipping relate to the overall economic outlook?