# EIA: IMO 2020 Will Affect Petroleum Markets | O&E Online

> The EIA's January 2019 Short-Term Energy Outlook says the IMO's 0.5% marine fuel cap, effective January 1, 2020, will raise diesel margins and modestly lift crude prices in late 2019 and early 2020. It also expects wider discounts for heavy-sour crude and wider spreads between high- and low-sulfur products.

- Date: 2019-02-20 · published 2019-02-20T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/60792-eia-imo-2020-will-affect-petroleum-markets-o-and-e-online
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher diesel demand from shipping and wider sour crude discounts shift refinery economics, affecting diesel costs for farm and trucking fuel buyers.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2017-12-13 | [EIA Short-Term Energy Outlook: Petroleum Products - Mansfield Energy](https://feedsoft.ai/events/67669-eia-short-term-energy-outlook-petroleum-products-mansfield-energy.md) | +0.3% | +7.4% |
| DIESEL | 2020-05-28 | [EIA Gasoline and Diesel Retail Prices Update, May 27, 2020 - Fuels Market News](https://feedsoft.ai/events/53320-eia-gasoline-and-diesel-retail-prices-update-may-27-2020-fuels-market-news.md) | +9.7% | +21.9% |
| DIESEL | 2020-11-25 | [EIA Gasoline and Diesel Retail Prices Update, Nov. 24, 2020 - Fuels Market News](https://feedsoft.ai/events/4400-eia-gasoline-and-diesel-retail-prices-update-nov-24-2020-fuels-market-news.md) | -0.2% | +9.6% |
| DIESEL | 2017-11-09 | [EIO Short-Term Energy Outlook – Petroleum Products - Mansfield Energy](https://feedsoft.ai/events/68173-eio-short-term-energy-outlook-petroleum-products-mansfield-energy.md) | -0.6% | -1.3% |
| DIESEL | 2018-07-10 | [EIA Gasoline and Diesel Retail Prices Update,Week Of July 10, 2018 - Fuels Market News](https://feedsoft.ai/events/7771-eia-gasoline-and-diesel-retail-prices-update-week-of-july-10-2018-fuels-market.md) | -6.3% | -2.5% |
| BRENT | 2024-03-25 | [EIA expects WTI to average nearly $85/bl in 2Q \| Latest Market News](https://feedsoft.ai/events/31371-eia-expects-wti-to-average-nearly-85-bl-in-2q-latest-market-news.md) | +1.9% | +2.3% |
| BRENT | 2022-03-14 | [Oil Market Report - March 2022 - IEA](https://feedsoft.ai/events/5992-oil-market-report-march-2022-iea.md) | -3.7% | -11.6% |
| BRENT | 2021-03-17 | [Oil Market Report - March 2021 - IEA](https://feedsoft.ai/events/6203-oil-market-report-march-2021-iea.md) | -11.4% | -2.7% |

## Sources

- oilandenergyonline.com: https://oilandenergyonline.com/articles/all/eia-imo-2020-will-affect-petroleum-markets/

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