Inpex predicts Murban crude’s demand to increase

According to the chief executive officer of the company, Japan’s Inpex, which is among the nine global energy companies which intend to begin Murban futures contracts the coming year, together with the Intercontinental Exchange and Abu Dhabi National Oil Co. is predicting the crude to be high in demand since it is coveted to generate IMO 2020-compliant fuels.

The 9 global firms, ICE, and ADNOC will put forward the contract on a....