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Demand for sulfur oil could boost US crude exports

The upcoming cap on sulfur emissions from vessels will boost the export of US crude oil, as the demand for low sulfur products will surge, reports Reuters.

Photo: Carlos Osorio/AP/Polfoto

Demand for US crude oil will surge as the global cap on sulfur emissions from ships approaches, reports Reuters.

Starting in 2020, ships from across the globe will be subject to a 0.5 percent cap on sulfur emissions, and the demand for low sulfur products, such as diesel oil and low sulfur fuel oil, will increase naturally, while US shale producers increase their crude output.

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