According to an article published in World Oil, the imminent overhaul of global ship-fuel regulations is finally delivering a long-awaited benefit to Asian oil refiners.
How high are profits?Profits from turning crude into diesel in the second half of 2019 are forecast to be about 31% higher than the first six months, according to Goldman Sachs Group Inc.
Margins have already expanded around 40% since late April as International Maritime Organization rules that prohibit ships from using dirty...
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