Jack Wittels and Alfred Cang

Government, Business, Safety, Fuel

Oil Industry Starts Eradicating Ship Fuel Supply Ahead of IMO Mandate

Ship Tim Rue/Bloomberg News

Shippers beware: Oil refineries are starting to eradicate stockpiles of sulfur-rich fuel that powers the merchant fleet in anticipation of a demand collapse in fewer than 18 months.

August 6, 2018