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Huge boost to LSFO demand-I: RIL to benefit the most among global refiners
Jun 25: A big bonanza awaits RIL subsequent to the implementation of regulations to lower use of high sulphur oil by the year 2020.
8A massive upsurge in demand for low sulphur fuel oil is expected as a consequence.
8Consequently, the demand for lighter crude will go up, pushing the discount on heavy oils to around $5/bbl by 2020.
8Complex refiners will benefit the most due to their high exposure of clean products, low production of HSFO and their ability to cracks cheaper heavier crude.
8Find out more on how RIL stands to gain massively from this change, as it operates the world's most complex refinery complex.
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