Tag: IMO 2020

Waiting on an IMO Diesel Spike

One of the widely-held expectations concerning the International Maritime Organization’s (IMO) 2020 sulfur cap on marine fuels was that the price of gasoil/diesel would spike in the opening months of 2020, as demand for gasoil in the bunker market would

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A Brazilian Boost, Across the Barrel

Brazil has emerged as a global powerhouse in the crude market after production reached a record high last year of over 3 million barrels per day. Exports rose in tandem with production, climbing to average over 1mn bpd. The South

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Global Distillates Weekly

The sulfur cap has long been viewed as bullish for gasoil demand. But that might not be readily apparent by looking at our gasoil import/export data for the world’s largest bunker port, Singapore.

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Mexico and Venezuela: Losing on IMO 2020.

The implementation of the IMO sulfur cap on marine fuels will change Latin American flows because of the impact on demand and prices for heavy-sour grades of crude oil. Many Latin American suppliers produce the heavy-sour crude good for production

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Updated 2020 Bunker Forecast

Back in March, ClipperData unveiled its first forecast for marine fuel demand between 2020 and 2025. In recent weeks, we have updated our projection ahead of the IMO’s forthcoming 0.5 percent sulfur cap. In our initial projection, we forecasted that

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