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With oil market volatility at an all-time high, even exceeding the volatility of equity markets, supply and demand shocks have sent bunker prices collapsing at the fastest rate since the 2008 global financial crisis.
With the advent of IMO 2020, a set of new proposed regulations from the US Environmental Protection Administration (EPA) have the potential to sow seeds of confusion in the supply chains for fuel to be used on deepsea ships.