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Tag Archives: Fuel trading

$1 BILLION PROFIT: Shell admits it benefited from IMO 2020 change in fuel standards

November 15, 2019 by Bloomberg Shell traders post $1 billion profit in fuel oil market ahead of IMO 2020. Admits that the company’s traders benefited from “the change in the fuel standards” linked to IMO 2020 By Javier Blas and Alaric Nightingale (Bloomberg) –Royal Dutch Shell Plc has made $1 billion from trading fuel oil this year, making it one of the …

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