IMO 2020 could cause Brent price spike to $80/b by end-2019 The oil market is likely to tighten further in the second half of the year due to further supply restraints and relatively healthy demand, with IMO 2020 potentially pushing Brent crude toward $80/b by end-2019. S&P Global Platts Analytics believes the market is relatively tight in terms of the supply and demand balance and that it’s likely to be only a matter of time before that is reflected in global oil prices. “The

Japan JXTG to halt 1% sulfur A-fuel oil supply in Oct as it starts IMO-compliant fuel supply Japan's largest refiner JXTG Nippon Oil & Energy will stop 1.0% sulfur A-fuel oil supply in the domestic rack and waterborne markets from October when it starts supplying bunker fuels that complies with the International Maritime Organization's sulfur limit rule, a company source familiar with the matter told S&P Global Platts Friday. "The sulfur content in A-fuel oil will