Saudi outage changes marine fuel economics as owners move to meet IMO deadline
The difference in price has considerably narrowed between high-sulphur fuel oil futures with 3.5% sulphur and very-low sulphur fuel oil with IMO 2020 compliant 0.5% sulphur
The spread between high-sulphur fuel oils and compliant fuels needs to remain wide for those with scrubbers to quickly recoup their investment in sulphur abatement technology
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