Global News
GLOBAL: Effects of IMO 2020 ‘scramble’ on oil prices will be short-lived, predicts Rystad Energy
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- Written by Ian Taylor
Consultancy firm Rystad Energy is predicting that, as a result of IMO 2020, there will be a significant 0.6 million barrels a day (b/d) deficit in marine gasoil in 2020 – and the regulations will also support a bullish oil market, although the effects will probably be short-lived.