According to a Platts report, OPEC says that Marine fuel regulations on sulfur that go into effect January 1 will have a less disruptive but still considerable impact to the oil market than previously feared.
Market stressesOPEC said in its World Oil Outlook that some of the market stresses will be mitigated with
- Lower expected oil demand growth,
- a pick-up in the pace of scrubber installations and
- increases in the availability of compliant fuel.
“Recent...
http://mfame.guru/imo-2020-impact-to-be-less-disruptive-than-previously-feared-says-opec/