- The difference between the price of diesel fuel and the price of Brent crude oil suggests shippers are worried about imminent fuel regulations.
- The regulation mandates that commercial vessels use fuel that contains a maximum sulfur content of 0.5%, far less than the current allowed level of 3.5%.
- Purchasers of ultra-low sulfur diesel are concerned that the demand will tighten refinery capacity and drive up the price of diesel.
According to an article published in Freight waves, the widening...
http://mfame.guru/imo-2020-diesel-crude-prices-continue-to-widen/