# The outlook of one energy economist for IMO2020: chaos in the diesel market - FreightWaves

> Economist Philip Verleger expects significant market turmoil as IMO 2020 takes effect, with diesel prices likely to rise first as distillates are diverted to marine gasoil and very low sulfur fuel oil. He expects governments may intervene to limit price increases.

- Date: 2019-03-18 · published 2019-03-18T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/60275-the-outlook-of-one-energy-economist-for-imo2020-chaos-in-the-diesel-market
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A diesel price spike from IMO 2020 would raise freight and feed-delivery costs for buyers. The forecast is a single analyst's outlook and is not yet a confirmed price move.

## Read by commodity

- BRENT: neutral
- DIESEL: 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 | 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% |
| DIESEL | 2019-06-23 | [Connecting all the bones to project what will happen when IMO2020 hits the market - FreightWaves](https://feedsoft.ai/events/58769-connecting-all-the-bones-to-project-what-will-happen-when-imo2020-hits-the.md) | +1.2% | -0.8% |
| DIESEL | 2022-06-14 | [Diesel prices: The loss of US refining capacity is making things worse - FreightWaves](https://feedsoft.ai/events/41119-diesel-prices-the-loss-of-us-refining-capacity-is-making-things-worse.md) | +1.9% | -13.9% |
| BRENT | 2019-11-16 | [FreightWaves oil report: So where is the impact from IMO 2020? - FreightWaves](https://feedsoft.ai/events/56253-freightwaves-oil-report-so-where-is-the-impact-from-imo-2020-freightwaves.md) | +1.3% | +4.8% |
| BRENT | 2019-03-15 | [IMO2020: Compliance a key; IEA gives some hard numbers on distillate impact - FreightWaves](https://feedsoft.ai/events/60273-imo2020-compliance-a-key-iea-gives-some-hard-numbers-on-distillate-impact.md) | +2.1% | +6.5% |
| BRENT | 2020-01-28 | [Diesel Fuel Market Stable as IMO Mandate Takes Hold - TT](https://feedsoft.ai/events/55257-diesel-fuel-market-stable-as-imo-mandate-takes-hold-tt.md) | -8.0% | -4.1% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/fuel-imo2020-verleger-chaos-predicted

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