The Impact of Russia’s Refinery Upgrade Plans on Global Fuel Oil Markets
While higher fuel specifications and regulatory changes in the bunkers market are most likely to have a big impact on long-term fuel oil demand, a structural shift of a similar magnitude on the supply side is already taking place, particularly in Russia, the largest exporter of fuel oil. The Russian...
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Format: | Working paper |
Language: | English |
Published: |
Oxford Institute for Energy Studies
2012
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