13AUG2019 - NEWS - Asian Gasoline Glut May Prevent The Predicted Oil Price Spike Due To IMO 2020

IMO 2020 goes into effect January 1, 2020.
Predictions were it would cause a spike in distillate prices and an economic collapse.
Refiners have made a new marine fuel from bunker fuel.
Main impact would be on gasoline supply.
Asia's gasoline glut may ease the impact on gasoline supplies and prices in Singapore and globally.