WoodMac’s experts focused on the approaching IMO 2020 and the impacts it could possibly have beyond refining and shipping. Research director Sushant Gupta marks that the industry should expect wider light-heavy and sweet-sour crude price differentials.
She specifically commented
Because of the IMO regulation, we expect a stronger gasoil (S
In addition, research director Angus Rodger noted that upstream producers of sour crudes could face many challenges with the IMO 2020 sulphur cap comes into...