- Price of low-sulfur, heavier oils that refineries make and then reprocess into transport fuels like gasoline and diesel has jumped in Europe.
- Market is paying a higher premium for low-sulfur material than it did before because people are looking to stockpile low-sulfur bunker fuel.
- Historical link with prices for the finished fuels is now being disrupted by the need to produce cleaner marine fuels.
- Around 35 million barrels of 0.5% fuel already in storage, there’s potential for roughly the...
http://mfame.guru/imo-2020-starts-to-jolt-oil-market/