Offshore

Analyst: Climate regulations for shipping will impact oil output

The upcoming sulfur regulations and shipping's overall focus on reducing CO2 emissions will lead to lower demand for the oil companies, says analyst Thina Maria Saltvedt of Nordean Markets, according to Norwegian media Sysla.
Photo: PR Nordea
Photo: PR Nordea
by LOUISE VOGDRUP-SCHMIDT

The oil companies will the burn if the shipping sector reduces its pollution in the years to come, says Nordea Markets oil analyst Thina Maria Saltvedt, citing factors such as the upcoming global regulations aimed at reducing shipping's sulfur emissions, which will come into force in 2020.

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