Today we return to the fuels industry. What is the latest in global fuel supply and demand? What is the impact of ongoing electrification on fuel demand? Have we seen peak gasoline demand even in the US? And how is AI and technology changing fuels trading and the convenience industry that attaches to it?
Speaking to our host Paul Chapman on this episode is Doug Haugh. Doug has over twenty five year’s experience working in the energy, technology and convenience retail industries. He serves on the board of Bioblend Renewable Resources, Trux and Ergon and Board Chairman at New Tide AI.
Key Talent Takeaways
Liquid Fuels Talent Must Adapt to the Energy Transition
While EVs are growing, liquid fuels remain critical for heavy transport, aviation, and petrochemicals. Gasoline demand is declining in the US and Europe, while biofuels, synthetic fuels, and sustainable aviation fuel gain traction. Professionals must blend traditional expertise with knowledge of alternative fuels to stay competitive.
AI is Transforming Fuel Trading and Supply
AI-driven trading, inventory forecasting, and supply chain optimisation are reshaping the industry. Automated trading tools reduce the need for large analyst teams, while AI improves pricing, site selection, and real-time demand tracking. Liquid fuels professionals must embrace AI-enhanced decision-making to maintain an edge.
Market Consolidation is Reshaping Careers
Retail fuel chains and trading firms are growing through M&A, leaving fewer, larger employers. Refinery closures in the US and Europe are shifting roles away from traditional refining. Traders and supply professionals need multi-disciplinary expertise in trading, logistics, and AI-driven supply management to stay relevant.
Global Trade Flows Require a New Mindset
Fuel markets are realigning—Russian products are replacing US exports in Latin America, while European refining vulnerabilities create risks for supply chains. Professionals must understand shifting trade routes, geopolitical risks, and refinery closures to navigate the changing global landscape.
Future Careers in Liquid Fuels Demand Flexibility
Gasoline demand is slowing, but aviation, diesel, and petrochemicals remain strong. Traders must adapt to market shifts, and supply chain specialists must integrate AI and automation into operations. Blending traditional fuels expertise with new technologies will be key to long-term success.
HC Group is a global search firm dedicated to the energy and commodities markets.
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