# FreightWaves oil report: So where is the impact from IMO 2020? - FreightWaves

> Diesel prices have not surged as anticipated ahead of the January 1 IMO 2020 marine fuel sulfur limit, with ULSD premiums over Brent falling since October. The IEA reports the oil market is already reacting in other parts of the supply chain.

- Date: 2019-11-16 · published 2019-11-16T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/56253-freightwaves-oil-report-so-where-is-the-impact-from-imo-2020-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

The fading diesel premium suggests less near-term support for diesel and biodiesel demand, which is mildly bearish for vegetable oils tied to biofuel pull.

## Read by commodity

- BRENT: neutral
- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2018-12-22 | [The FreightWaves oil report: a tumbling market pushes prices down to levels of mid-2017 - FreightWaves](https://feedsoft.ai/events/61736-the-freightwaves-oil-report-a-tumbling-market-pushes-prices-down-to-levels-of.md) | -3.5% | +8.7% |
| DIESEL | 2023-04-25 | [Is the US in a freight recession?](https://feedsoft.ai/events/36587-is-the-us-in-a-freight-recession.md) | -5.7% | -6.2% |
| DIESEL | 2020-04-22 | [Oil’s collapse and its effect on diesel prices - FreightWaves](https://feedsoft.ai/events/53806-oil-s-collapse-and-its-effect-on-diesel-prices-freightwaves.md) | -15.4% | +28.7% |
| DIESEL | 2020-11-16 | [Tanker shipping at risk of rare winter hibernation - FreightWaves](https://feedsoft.ai/events/6813-tanker-shipping-at-risk-of-rare-winter-hibernation-freightwaves.md) | +7.0% | +20.8% |
| DIESEL | 2020-04-21 | [Diesel’s price decline Tuesday was historic; crude’s fall sets another record - FreightWaves](https://feedsoft.ai/events/53805-diesel-s-price-decline-tuesday-was-historic-crude-s-fall-sets-another-record.md) | -32.2% | +11.1% |
| BRENT | 2019-03-15 | [IMO2020: Compliance a key; IEA gives some hard numbers on distillate impact - FreightWaves](https://feedsoft.ai/events/60273-imo2020-compliance-a-key-iea-gives-some-hard-numbers-on-distillate-impact.md) | +2.1% | +6.5% |
| BRENT | 2019-03-18 | [The outlook of one energy economist for IMO2020: chaos in the diesel market - FreightWaves](https://feedsoft.ai/events/60275-the-outlook-of-one-energy-economist-for-imo2020-chaos-in-the-diesel-market.md) | +0.0% | +7.4% |
| BRENT | 2025-01-28 | [Fuel prices: What’s in store for 2025? \| IRU \| World Road Transport Organisation](https://feedsoft.ai/events/26679-fuel-prices-what-s-in-store-for-2025-iru-world-road-transport-organisation.md) | -1.3% | -3.1% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/freightwaves-oil-report-so-where-is-the-impact-from-imo-2020

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