The Octane sulfur squeeze update May 8, 2020:

After falling to 50% of last year’s level, US gasoline demand has picked up and is now approaching 70%. For the first time, all North American refiners will be challenged to make 10 ppm sulfur gasoline in 2020 or else pay for expensive credits. The excerpt below from our 3-year study tells how under-prepared refiners…

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