Even before new international regulations on maritime fuels kick start, the oil market has tightened significantly this year, pushing prices higher and putting pressure on producers to increase output.
The impact of IMO sulfur cap set to take effect at the start of 2020 could disrupt the market even more dramatically.
IMO rules target sulfurThe International Maritime Organization (IMO) will require significantly lower concentrations of sulfur used in global maritime shipping beginning on January...
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