Platts to launch price assessments for low-sulphur fuel oil in 2019
These will be done in Singapore, Fujairah, Rotterdam and Houston, ahead of new IMO regulations on sulphur limits
Singapore
OIL pricing agency S&P Global Platts plans to launch new pricing assessments for low-sulphur fuel oil in January 2019.
The assessments, to be done in Singapore, Fujairah, Rotterdam and Houston, will come ahead of regulations by the International Maritime Organisation (IMO) that cap sulphur limits in marine fuels at 0.5 per cent, from the current 3.5 per cent level.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Shell to exit South Africa's downstream businesses
EU clears Nippon Steel's US$14.9 billion purchase of US Steel
Shell in talks to sell Malaysia fuel stations to Saudi Aramco: sources
Indonesia's PGN, Freeport sign gas supply deal for smelter
Maersk says Red Sea disruption will cut capacity by 15-20% in Q2
China’s Sinopec in talks for gas offtake, stake in Canada’s Cedar LNG