# A conference on IMO 2020 impact shows how many questions remain as new rule approaches - FreightWaves

> A Miami conference hosted by Argus on fuel oil and IMO 2020 gave few definitive answers on how markets will respond when the 0.5% sulfur rule takes effect January 1. Speakers, including PBF's chief economist, said the industry expects to adjust as the transition unfolds.

- Date: 2019-10-23 · published 2019-10-23T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/56771-a-conference-on-imo-2020-impact-shows-how-many-questions-remain-as-new-rule
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Uncertainty about how IMO 2020 will affect diesel supply and demand keeps the price impact unresolved. Markets may stay volatile until the rule starts.

## Read by commodity

- DIESEL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2019-07-27 | [FreightWaves oil report: the few market signs on IMO 2020 not flashing danger yet - FreightWaves](https://feedsoft.ai/events/58283-freightwaves-oil-report-the-few-market-signs-on-imo-2020-not-flashing-danger.md) | -1.4% | -4.7% |
| DIESEL | 2019-04-02 | [IMO 2020 In-Depth: How Will the New Compliant Marine Fuels Be Valued by the Marketplace? — Ship & Bunker](https://feedsoft.ai/events/59773-imo-2020-in-depth-how-will-the-new-compliant-marine-fuels-be-valued-by-the.md) | +3.4% | +4.6% |
| DIESEL | 2022-04-29 | [Oil prices reverse late in session as heating oil contract plunges](https://feedsoft.ai/events/41753-oil-prices-reverse-late-in-session-as-heating-oil-contract-plunges.md) | -13.3% | -22.6% |
| DIESEL | 2020-03-09 | [The Biodiesel Tax Credit: What Does the New Extension Mean? - OPIS, A Dow Jones Company](https://feedsoft.ai/events/54003-the-biodiesel-tax-credit-what-does-the-new-extension-mean-opis-a-dow-jones.md) | -17.1% | -21.9% |
| DIESEL | 2020-02-24 | [EPA Renewable Fuel Shift May Increase Cost Of Compliance - Oil, Gas & Electricity - United States](https://feedsoft.ai/events/54470-epa-renewable-fuel-shift-may-increase-cost-of-compliance-oil-gas-and.md) | -11.8% | -39.9% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/a-conference-on-imo-2020-impact-shows-how-many-questions-remain-as-new-rule-approaches

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