OPEC predicts oil surge amid sulphur changes

Last year and 22 years' time, shipping remains by far the biggest market for residual fuel (credit: OPEC)

The IMO’s sulphur cap will drive a spike in global oil demand in 2020 according to a new OPEC report, with significant non-compliance and widespread scrubber use inflating marine demand for high-sulphur fuel oil.

Continue this article…

Already subscribed? SIGN IN now

V2-MS

Sign up for FREE to continue this article!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the shipping sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the shipping industry
  • Our extensive archive of data, research and intelligence

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!