# Connecting all the bones to project what will happen when IMO2020 hits the market - FreightWaves

> A FreightWaves commentary says the oil market is waiting for the IMO 2020 marine fuel sulfur cap, which takes effect January 1, 2020. Forecasters have published extensive analysis but few concrete price predictions for marine fuel.

- Date: 2019-06-23 · published 2019-06-23T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/58769-connecting-all-the-bones-to-project-what-will-happen-when-imo2020-hits-the
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Expected demand for low-sulfur compliant fuel is likely to lift diesel and marine fuel prices, raising shipping and trucking costs that flow into grain freight.

## Read by commodity

- DIESEL: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2019-12-11 | [Reaction in the diesel market to IMO 2020 is still to come: Platts - FreightWaves](https://feedsoft.ai/events/55751-reaction-in-the-diesel-market-to-imo-2020-is-still-to-come-platts-freightwaves.md) | +3.5% | -0.9% |
| DIESEL | 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% | +5.3% |
| DIESEL | 2019-06-14 | [One of the biggest environmental regulations ever is coming and it will wreak havoc - FreightWaves](https://feedsoft.ai/events/58770-one-of-the-biggest-environmental-regulations-ever-is-coming-and-it-will-wreak.md) | +4.5% | +9.9% |
| DIESEL | 2021-01-07 | [Diesel market in 2021: Something closer to normalcy likely on tap - FreightWaves](https://feedsoft.ai/events/49327-diesel-market-in-2021-something-closer-to-normalcy-likely-on-tap-freightwaves.md) | +4.6% | +11.6% |
| DIESEL | 2020-11-27 | [Diesel markets closing out a strong November - FreightWaves](https://feedsoft.ai/events/50321-diesel-markets-closing-out-a-strong-november-freightwaves.md) | -0.4% | +7.0% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/connecting-all-the-bones-to-project-what-will-happen-when-imo2020-hits-the-market

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