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Trucking, aviation and home heating industry groups sent a May 13 letter to Trump administration officials and the Coast Guard. The letter asks for action to ensure adequate diesel supplies before IMO 2020 starts in 2020.
Expected shifts in marine fuel demand could strain US diesel supplies and raise prices for trucking and heating. Higher fuel costs would flow through to feed transport and distribution.
ttnews.comDan RonanMay 24, 2019After 90 past bullish policy events, ULSD / Diesel moved a median +1.4% over 5 sessions (66% higher; middle half -1.9% to +4.1%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
