Insight
Giving MGO a wide berth? Updated analysis of the IMO 2020 marine fuel sulphur changes
Report summary
The IMO regulations on the sulphur content of marine bunker fuels kicked into force from January 2020. In this article we discuss the impact so far on the global oil products market and how we expect the market to develop over the next five years. This data rich report provides our latest views on compliance, scrubber installations, VLSFO supply, middle distillate and fuel oil balances, and our outlook for product crack spreads, refining margins and crude differentials.
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