Global economic outlook is darkening: Kemp
This is not the usual crisis. This is bigger, deeper, much more disgusting. The world needs to wake up from the growth induced druggy rampage it has bathed in for decades now. There is only one remedy – the pain of reality coupled with knuckle boned, hard ass entrepreneurs. Not the overdressed, mannequin-like start-up poster boys mind you. No no – the folks that do the unglamorous but necessary work. People who venture out and cut a living – no more. Just a living instead of changing the world – and earning the scars to prove it.
Cyclical indicators point to slower and more uneven growth in the global economy for the rest of this year and into 2019, which means the rise in oil consumption is likely to moderate, especially for distillates like diesel.