# Why diesel prices will go up - Truck News

> Truck News columnist Roger McKnight argues diesel prices will rise after IMO 2020, even though they have fallen so far. He says surplus marine bunker inventories and weak gasoline cracks pushed vacuum gas oil into distillate production, depressing diesel. Mild winter weather has also reduced distillate demand in heating oil markets.

- Date: 2020-02-15 · published 2020-02-15T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/54762-why-diesel-prices-will-go-up-truck-news
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

The expected reversal in diesel prices would raise trucking and fuel costs for feed deliveries in coming months. Lower distillate demand is a near-term bearish factor.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2018-08-26 | [Why Diesel Prices Are Set To Soar](https://feedsoft.ai/events/63722-why-diesel-prices-are-set-to-soar.md) | +1.8% | +3.9% |
| DIESEL | 2016-12-28 | [Diesel prices to start edging up in 2017 - Grainews](https://feedsoft.ai/events/73665-diesel-prices-to-start-edging-up-in-2017-grainews.md) | -0.9% | -4.2% |
| DIESEL | 2022-04-28 | [Why diesel prices are driving up the cost of everything](https://feedsoft.ai/events/42030-why-diesel-prices-are-driving-up-the-cost-of-everything.md) | -3.1% | -16.2% |
| DIESEL | 2023-08-25 | [Oil futures up 1% to one-week high on soaring US diesel prices](https://feedsoft.ai/events/34772-oil-futures-up-1-to-one-week-high-on-soaring-us-diesel-prices.md) | -0.2% | +5.4% |
| DIESEL | 2021-06-28 | [New streak underway: DOE/EIA diesel price up 9th straight week - FreightWaves](https://feedsoft.ai/events/46785-new-streak-underway-doe-eia-diesel-price-up-9th-straight-week-freightwaves.md) | +1.5% | +0.3% |

## Sources

- trucknews.com: https://www.trucknews.com/blogs/why-diesel-prices-will-go-up/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.