Asian oil refiners shipping fuel profits grow on IMO 2020 demand

Asian oil refiners shipping fuel profits grow on IMO 2020 demand
WESPECH PTE LTD
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20.12.2019

MOSCOW (MRC) -- Asia's oil refiners are starting to see a surge in demand for cleaner fuels that is pushing up processing profits for very low sulfur fuel oil (VLSFO) and gasoil just weeks before new rules take effect for fuel products burned in ships, reported Reuters.Most ships have to switch from high-sulfur fuel oil (HSFO) to cleaner fuels such as VLSFO and marine gasoil (MGO) when ne

Full article at mrcplast.com

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