US Beefs Up Global Oil Imports Ahead of IMO 2020

Capt. John

According to trading and analyst sources, the US is taking advantage of record-low prices of one of the world’s dirtiest fuels by buying record volumes, which it intends to upgrade into cleaner products before new shipping rules take effect, reports New Age Business.

US imports boosted

US trade sources said that it recently had become economical to ship fuel oil from countries such as Russia, boosting imports of the product into the United States.

This comes even as prices for high-sulphur fuel...

http://mfame.guru/us-beefs-up-global-oil-imports-ahead-of-imo-2020/

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