# Products: Russia Could Benefit from IMO 2020 Tanker Rate Spike | Energy Intelligence

> Energy Intelligence reports that IMO 2020 sulfur limits from January 1, 2020 could sharply raise shipping costs for ultra-low-sulfur diesel moving from the Middle East and Asia to Europe. That would make Russian barrels more competitive.

- Date: 2019-11-25 · published 2019-11-25T12:00:00.000Z
- Category: logistics · region Europe · magnitude low
- Page: https://feedsoft.ai/events/56256-products-russia-could-benefit-from-imo-2020-tanker-rate-spike-energy
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher tanker costs for diesel shifts trade flows toward Russia and raises freight costs, a modest factor for European fuel and freight-linked feed costs.

## Read by commodity

- DIESEL: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2019-12-23 | [Products: Diesel Spikes on French Strikes, IMO 2020 \| Energy Intelligence](https://feedsoft.ai/events/55750-products-diesel-spikes-on-french-strikes-imo-2020-energy-intelligence.md) | +0.8% | -11.1% |
| DIESEL | 2019-05-08 | [Products: Diesel Spikes on Unplanned Run Cuts \| Energy Intelligence](https://feedsoft.ai/events/59259-products-diesel-spikes-on-unplanned-run-cuts-energy-intelligence.md) | +1.1% | -12.7% |
| DIESEL | 2020-10-07 | [Products: ULSD Firms on Lower Russian Arrivals \| Energy Intelligence](https://feedsoft.ai/events/50829-products-ulsd-firms-on-lower-russian-arrivals-energy-intelligence.md) | -1.1% | -4.6% |
| DIESEL | 2018-08-22 | [Products: Low River Levels Disrupt Euro Diesel Flow \| Energy Intelligence](https://feedsoft.ai/events/63727-products-low-river-levels-disrupt-euro-diesel-flow-energy-intelligence.md) | +4.2% | +5.7% |
| DIESEL | 2017-09-20 | [Products: US Diesel Missing Until November \| Energy Intelligence](https://feedsoft.ai/events/69116-products-us-diesel-missing-until-november-energy-intelligence.md) | +4.1% | +2.1% |

## Sources

- energyintel.com: https://www.energyintel.com/0000017b-a7d9-de4c-a17b-e7db4cc30001

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