# EIA Short-Term Energy Outlook - Fuels Market News

> The EIA's January Short-Term Energy Outlook forecasts Brent averaging $65/b in 2020 and $68/b in 2021, versus $64/b in 2019. It expects IMO's 0.5% marine fuel sulfur cap to lift diesel wholesale margins to a 53 cents/gal peak in March 2020.

- Date: 2020-01-16 · published 2020-01-16T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/55279-eia-short-term-energy-outlook-fuels-market-news
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Higher diesel margins from the IMO rule raise the cost of distillate fuel, which feeds into freight and on-farm energy costs. Stable Brent forecasts suggest no major change to crude-linked input costs.

## Read by commodity

- BRENT: neutral
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2018-09-12 | [EIA Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/63219-eia-short-term-energy-outlook-fuels-market-news.md) | +0.6% | +8.2% |
| BRENT | 2018-04-12 | [EIA: Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/65697-eia-short-term-energy-outlook-fuels-market-news.md) | +1.7% | +6.9% |
| BRENT | 2022-03-31 | [Statement about Oil Market Report data - IEA](https://feedsoft.ai/events/42181-statement-about-oil-market-report-data-iea.md) | -11.9% | -6.8% |
| BRENT | 2023-11-14 | [Oil Market Report - November 2023 - IEA](https://feedsoft.ai/events/33372-oil-market-report-november-2023-iea.md) | -0.6% | -8.9% |
| BRENT | 2023-10-12 | [Oil Market Report - October 2023 - IEA](https://feedsoft.ai/events/9278-oil-market-report-october-2023-iea.md) | +5.8% | -7.2% |
| DIESEL | 2017-10-12 | [EIA: October Short-Term Energy Outlook - Mansfield Energy](https://feedsoft.ai/events/68646-eia-october-short-term-energy-outlook-mansfield-energy.md) | +1.1% | +7.4% |
| DIESEL | 2017-12-13 | [EIA Short-Term Energy Outlook: Petroleum Products - Mansfield Energy](https://feedsoft.ai/events/67669-eia-short-term-energy-outlook-petroleum-products-mansfield-energy.md) | +0.3% | +7.4% |
| DIESEL | 2017-11-09 | [EIO Short-Term Energy Outlook – Petroleum Products - Mansfield Energy](https://feedsoft.ai/events/68173-eio-short-term-energy-outlook-petroleum-products-mansfield-energy.md) | -0.6% | -1.3% |

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/eia-short-term-energy-outlook-27/

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