Offshore

DNB: Sulfur requirements could force oil price further up

The IMO's upcoming environmental regulations, which starting in 2020 will bar ships globally from emitting more than 0.5 percent sulfur on the world seas, could force the oil price up, projects DNB Markets.
Photo: Carlos Osorio/AP/Polfoto
Photo: Carlos Osorio/AP/Polfoto
by KATRINE GRØNVALD RAUN

Three and a half years from now, one of the biggest changes for the shipping and oil sector will come into force as the global sulfur directive is implemented.

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