DRIP - Maritime Regulations NOPEC And What's Ahead For Crude Oil Markets
By Debbie Carlson
At a Glance
- New marine fuel standards and anti-cartel legislation will require "careful navigation" of oil markets, says one analyst.
Two little-known news events could have a sizable influence on crude oil prices this year.
By 2020, new global pollution control regulations to reduce sulfur use in marine fuels take effect, which may significantly boost container ships and other vessels' use of lower-sulfur light, sweet crude versus the heavy, sour crude types the industry relies on currently. Additionally, market watchers are keeping an eye on a recent passage of a bill in