IMO Regulations: How Well the Distillate Margins Can Do Under Pressure?

Distillate consumption expected to rise substantially from the start of next year as a result of new marine pollution rules introduced by IMO.
The forecast increase in consumption of middle distillates has led to widespread predictions of shortages and price increases.
Slower manufacturing and trade growth is expected to create more room for the distillate market to absorb the impact of IMO fuel rules without a spike in prices.
The anticipated economic slowdown has had a bigger impact on...