


| ‘IMO 2020 effect’ supports Asian sweet crude premiums despite shrinking margins |
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Mainstay Asian sweet crudes have brushed aside shrinking margins to trade at their highest premiums in over six years for the January trading cycle, supported by rising demand from refineries to produce IMO-compliant low sulfur fuels and a closed arbitrage, Asian sweet crude traders said Thursday.
Posted: 2019-11-28 23:24:00
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