The forecast for France's Fuel Oil (Low Sulphur <1%) opening stock from 2024 to 2028 shows a gradual decline, moving from 285.45 to 279.44 thousand metric tons. In 2023, the actual opening stock was 287.00 thousand metric tons, indicating a mild decrease. The year-on-year change is consistent, with around a 0.5% reduction annually over the forecast period. The five-year Compound Annual Growth Rate (CAGR) reflects a downward trend.
Future trends to watch include shifts in regulatory policies towards green energy, which might exacerbate the decline, and technological advancements that could affect both demand and storage capacity in this sector.
