LONDON, Oct 2 (Reuters) - Global fuel oil demand has exceeded expectations in recent years, according to the International Energy Agency and other forecasters.

The IEA's latest medium-term outlook projects that residual fuel oil demand in 2025 will be 4.8% higher than in 2019, compared with a 1.9% increase in gasoline consumption. In contrast, demand for jet fuel and gasoil/diesel is expected to remain below 2019 levels.

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In 2020, the IEA expected fuel oil demand to post the slowest growth of those fuels over 2019-2025.

IEA's Oil 2025 Report Global demand by product in millions of barrels per day

IEA's Oil 2020 Report Global demand by product in millions of barrels per day

https://www.reuters.com/business/energy/global-fuel-oil-demand-seen-2025-2020-2025-10-02/