Tighter marine fuel sulfur limits will spark changes by both refiners and vessel operators

The sulfur content of transportation fuels has been declining for many years as a result of increasingly stringent regulations. New international regulations limiting sulfur in fuels for ocean-going vessels, set to take effect in 2020, have further implications for both refiners and vessel operators at a time of high uncertainty in future crude oil prices, which will be a major factor in their decisions

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