EIA: US high sulphur fuel demand will rally due 2020 sulphur cap
The US Energy Information Administration (EIA) predicts that the share of high sulphur residual fuel oil consumed as bunker in the US will fall from 58% in 2019 to 3% in 2020, and then rebounds to 24% in 2022. The Administration highlights that the regulations will affect petroleum supply, demand, and trade flows on a more long-term basis.
Read more