# New marine fuel rules to boost diesel prices for at least a year: analysts

> Reuters cites analysts who expect global diesel and marine fuel prices to rise by October ahead of the January 2020 switch to low-sulfur marine fuels, staying higher for at least a year. The IHS base forecast puts US Gulf Coast ULSD above $2.12 a gallon in the second half of 2019, versus $1.778 on the day.

- Date: 2019-06-10 · published 2019-06-10T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/58772-new-marine-fuel-rules-to-boost-diesel-prices-for-at-least-a-year-analysts
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher diesel and bunker costs raise freight and processing costs for feed ingredients and can pressure ocean freight rates.

## Read by commodity

- DIESEL: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2018-05-07 | [Diesel Fuel Prices Set to Soar This Summer: Three Forecasts - OPIS, A Dow Jones Company](https://feedsoft.ai/events/65188-diesel-fuel-prices-set-to-soar-this-summer-three-forecasts-opis-a-dow-jones.md) | +3.1% | -0.3% |
| DIESEL | 2018-06-18 | [Analysis: What Higher Fuel Prices Mean for Trucking \| Heavy Duty Trucking](https://feedsoft.ai/events/64701-analysis-what-higher-fuel-prices-mean-for-trucking-heavy-duty-trucking.md) | +2.1% | -1.3% |
| DIESEL | 2018-08-26 | [Why Diesel Prices Are Set To Soar](https://feedsoft.ai/events/63722-why-diesel-prices-are-set-to-soar.md) | +1.8% | +3.9% |
| DIESEL | 2021-11-09 | [Spot diesel prices at seven-year high, with California retail diesel at 2008 level \| S&P Global](https://feedsoft.ai/events/44224-spot-diesel-prices-at-seven-year-high-with-california-retail-diesel-at-2008.md) | -2.8% | -9.9% |
| DIESEL | 2018-05-18 | [Here’s why diesel prices are aiming for record highs - MarketWatch](https://feedsoft.ai/events/65187-here-s-why-diesel-prices-are-aiming-for-record-highs-marketwatch.md) | -1.0% | -9.0% |

## Sources

- reuters.com: https://www.reuters.com/article/us-imo-shipping-usa-refiners/new-marine-fuel-rules-to-boost-diesel-prices-for-at-least-a-year-analysts-idUSKCN1TB2CJ/

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