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Preparing for IMO 2020 was a huge challenge for all stakeholders in the global bunker industry. A lot of effort went into planning and preparation both on the supply and user side amid uncertainty about product types and availability, bunker price developments and what would happen on the enforcement side.
Market volatility was expected, but what nobody could have foreseen was the impact of the COVID-19 pandemic combined with the collapse of the so-called OPEC+ pact, causing oil prices to plummet on oversupply.
Topics will include:
Senior Director, Oil Price Group
S&P Global Platts
Market Engagement Manager, Middle East
S&P Global Platts
Director, IBIA and IMO Representative
IBIA
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