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Europe is running short of ultra-low-sulfur diesel ahead of the IMO 2020 sulfur rules, which take effect the following week. Tight supply is pushing European diesel prices higher.
Tight European distillate supply lifts diesel prices and bunker costs ahead of the IMO switch. This raises freight and fuel costs for feed commodity logistics.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.