What's at Stake as the Shipping Industry Shifts to Cleaner Fuel

The video discusses the impact of the International Maritime Organization's new regulations requiring ships to use low-sulfur fuel starting January 1, 2020. This change affects the global oil market, particularly the demand for light sweet crude and diesel fuel. The video explores strategies for navigating these changes, including commodity and equity plays, and identifies potential winners and losers in the market. It also examines the short-term and long-term effects on refineries and the diesel market, highlighting the challenges and opportunities presented by the new regulations.

What are the expected consequences for refiners who primarily produce heavy crude oil?

How might the diesel crack spread change in response to the new regulations?

What are the long-term expectations for diesel demand in relation to the shipping industry?