Storage Outlook 2026: IMTT

Shaun Revere, chief operating officer at IMTT speaks to Tank Storage Magazine about the companies predictions for 2026 The storage terminals market is stable right now, despite geopolitical and economic uncertainty. We’re certainly not in a contango situation, where we predict prices for products to go up in the near future. In fact, most of our products are in a state of backwardation, which is why we, and much of the industry, have been watching the US tariff strategy closely over the past 12 months. It has the potential to impact many of the products we handle. Nonetheless we continue to see a steady, immediate demand for petroleum products, renewables, vegetable oils and base oils – basically everything we handle. Market Dynamics Global economic conditions naturally influence demand. Any pullback in the economy could impact the demand for storage, but IMTT is well positioned to remain steady through the ups and downs. Should we see a glut in oil production, for example, it’s possible that there will be an increased demand for storage services. But IMTT is generally more focused on being part of our customers’ logistic networks as opposed to the store-and-hold...