the International Maritime Organization’s (IMO) rule that limit the sulfur content of marine fuels to 0.5% come into effect from 1 January 2020. Crack Spreads Situation (Unit: USD/BBL) Crack Spreads Q2

Oil that has successively plummeted prior to the enforcement of the usage of the bunker oil with Sulphur content not exceeding 0 . 5% by International Maritime Organization (IMO) which will start on the