FRANKFURT—Adam Pilarski famously predicted that fuel prices would fall substantially a long time before they actually did. The correct forecast added to his already substantial reputation as one of the industry’s brightest thinkers. Only a few weeks ago, Pilarski, the Avitas senior vice president, talked to a group of industry executives at the ISTAT Europe conference in Barcelona, Spain, about what a Donald Trump U.S. presidency, and the assumed return to more protectionism, ...

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