- $200 crude and epic economic collapse predicted when shipping industry regulation goes into effect Jan. 1, 2020.
- Oil prices are down from a year ago and the stock market is a record high.
- Shipping companies and OPEC see no supply problem looming.
- Valero is positioned to profit if oil prices spike.
If middle distillate or gasoline prices do surge, Valero is a good bet to prosper, says an article published in Seeking Alpha.
IMO 2020The International Maritime Organization (“IMO”) regulates many...