Fuel and energy

OPEC Secretary General, HE Mohammad Sanusi Barkindo, and a delegation from the OPEC Secretariat, yesterday met with HE Jabbar Ali Hussein Al-Luiebi, Iraq’s Minister of Oil, and other senior officials in Baghdad.

A decision on the timing of a global sulphur content cap of 0.5pc for marine fuels could arrive as soon as tomorrow, although the International Maritime Organisation (IMO) has been hearing conflicting views on how much low-sulphur fuel will be available by the expected implementation date of 2020.