# FreightWaves oil report: physical diesel markets strengthen; IMO 2020 link eyed - FreightWaves

> Brent fell to $58.37/bbl in the week to early October while CME ULSD fell less, widening the ULSD-Brent spread to $21.20/bbl. Analysts said the strength in physical diesel could be an early sign of IMO 2020 effects.

- Date: 2019-10-06 · published 2019-10-06T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/56766-freightwaves-oil-report-physical-diesel-markets-strengthen-imo-2020-link-eyed
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A widening diesel crack versus crude points to firmer distillate prices even as crude softens. Diesel is a key input for trucking and farm operations that move feed.

## Read by commodity

- BRENT: bearish ▼
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2019-01-05 | [The FreightWaves oil report: Mexico steps in with a new chunk of low sulfur diesel demand - FreightWaves](https://feedsoft.ai/events/12482-the-freightwaves-oil-report-mexico-steps-in-with-a-new-chunk-of-low-sulfur.md) | +6.0% | +7.5% |
| DIESEL | 2019-10-26 | [FreightWaves oil report: Valero's conference call had little good news on the impact of IMO 2020 - FreightWaves](https://feedsoft.ai/events/56765-freightwaves-oil-report-valero-s-conference-call-had-little-good-news-on-the.md) | -2.5% | -2.3% |
| DIESEL | 2018-08-22 | [IMO 2020: Oil market could see a diesel fuel resurgence, analysts say](https://feedsoft.ai/events/63725-imo-2020-oil-market-could-see-a-diesel-fuel-resurgence-analysts-say.md) | +4.2% | +5.7% |
| DIESEL | 2016-11-03 | [Market Eye: Diesel Markets Set to Tighten Before 2020 \| Energy Intelligence](https://feedsoft.ai/events/74013-market-eye-diesel-markets-set-to-tighten-before-2020-energy-intelligence.md) | -2.1% | +11.8% |
| DIESEL | 2019-09-27 | [Port Report: truckers beware – IMO 2020 will cause fuel prices to “go through the roof” - FreightWaves](https://feedsoft.ai/events/57266-port-report-truckers-beware-imo-2020-will-cause-fuel-prices-to-go-through-the.md) | -3.9% | +1.9% |
| BRENT | 2021-11-24 | [Reserve oil being released into market that may have peaked - FreightWaves](https://feedsoft.ai/events/7076-reserve-oil-being-released-into-market-that-may-have-peaked-freightwaves.md) | -14.7% | -11.4% |
| BRENT | 2025-06-02 | [Soybean oil quotations are declining against the backdrop of uncertainty in the US biofuel market and falling oil prices, but the reduction of duties in India will strengthen demand](https://feedsoft.ai/events/10944-soybean-oil-quotations-are-declining-against-the-backdrop-of-uncertainty-in-the.md) | +4.9% | +7.0% |
| BRENT | 2019-11-06 | [Oil markets fall as it is reported that OPEC+ members are not looking for another production cut — Octa](https://feedsoft.ai/events/56236-oil-markets-fall-as-it-is-reported-that-opec-members-are-not-looking-for.md) | -1.1% | -1.5% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/freightwaves-oil-report-physical-diesel-markets-strengthen-imo-2020-link-eyed

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