2020 sulphur cap impact to be ‘less severe’ than expected, OPEC forecasts
OPEC published its World Oil Outlook (WOO) for 2019 on November 5th, at the Wiener Börsensäle in Vienna, Austria. The report entails medium to long-term projections and assessment for the global oil and energy industry, as well as for the shipping industry, for which it says that the impact of IMO regulations will be less severe than previously expected.
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