Why 2020 Could Be A Crisis Year For Refiners

“The single largest oil market disruptor”—as some experts and media have dubbed the new shipping fuel rules set to kick in in less than two months—has had refiners on edge this year as they prepare for the dramatic switch in marine fuel specifications.     The refining industry around the world has carefully planned to boost compliant fuel production in the back end of the year, expecting windfall from the IMO-effect in the months immediately preceding the shipping rules change.   But as January 1, 2020,…