Demand for Diesel and Related Fuels May Surge

A surge in demand is coming for diesel and related fuels as shipping companies close in on a deadline to reduce sulfur emissions, according to Transport Topics. The International Maritime Organization in London is requiring all marine fuel to be limited to 0.5% sulfur by Jan. 1, 2020, from the current limit of 3.5%. An even lower cap, 0.1%, already exists for sulfur in fuels burned in designated coastal areas off the U.S. and Canada and in the North Sea and the Baltic Sea.