Make it rain

Published at 09:54 15 Nov 2019 by . Last edited 11:37 15 Nov 2019.

Diesel bulls have been shocked by the scale of this month’s price correction, as fears grow that IMO 2020 is going to fail to live up to expectations. Indeed, incremental MGO demand for 2020 will struggle to grow much beyond 1 mb/d next year amid surprisingly strong VLSFO demand. Yet, there is more …

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