Research Reports Tougher Environmental Standards Worldwide to Boost Global Low Sulfur Fuel Oil Market
Tougher environmental standards are fuelling the demand for low sulfur fuel oil and may also propel the demand for less polluting grades of crude oil around the world. Sulfur is a natural element of crude oil, from which shipping fuel is obtained. It is the key component in pollutants emitted by ships or vehicles. Carbon emissions from vehicles and ships have remained the leading contributor to the aggravating levels of air pollution for several years.