# Diesel Prices May Increase as Cargo Industry Makes 2020 Fuel Switch, Experts Say - TT

> Transport experts expect the IMO 2020 rule, which requires ships to switch from bunker fuel to cleaner diesel from January 2020, to raise diesel prices. The EIA projects diesel could be up to 20 cents a gallon higher by 2020, with the main concern being supply availability for trucks.

- Date: 2019-04-03 · published 2019-04-03T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/59767-diesel-prices-may-increase-as-cargo-industry-makes-2020-fuel-switch-experts-say
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Ships drawing on the same low-sulfur diesel pool as trucks could tighten supply and lift diesel costs, raising hauling costs for feed. The impact is expected to be most acute in 2020.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2018-09-20 | [Diesel prices may 'significantly' increase next year \| Fleet News](https://feedsoft.ai/events/63224-diesel-prices-may-significantly-increase-next-year-fleet-news.md) | +2.8% | +3.2% |
| DIESEL | 2019-09-05 | [Energy Experts Fear Price of Diesel to Spike Because of New Shipping Fuel Mandate - TT](https://feedsoft.ai/events/57270-energy-experts-fear-price-of-diesel-to-spike-because-of-new-shipping-fuel.md) | +1.2% | -0.5% |
| DIESEL | 2018-10-29 | [Airlines, trucking industry face sharp rise in fuel prices \| CBC News](https://feedsoft.ai/events/62737-airlines-trucking-industry-face-sharp-rise-in-fuel-prices-cbc-news.md) | -5.8% | -17.8% |
| 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 | 2019-10-23 | [Energy Experts Remain Cautious About Price Hikes as IMO Mandate Looms - TT](https://feedsoft.ai/events/56769-energy-experts-remain-cautious-about-price-hikes-as-imo-mandate-looms-tt.md) | +0.4% | -4.5% |

## Sources

- ttnews.com: https://www.ttnews.com/articles/diesel-prices-may-increase-cargo-industry-makes-2020-fuel-switch-experts-say

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