# FreightWaves oil report: a U.S. government agency makes a specific estimate how IMO2020 will hit diesel prices - FreightWaves

> FreightWaves reports that the EIA estimated how the IMO2020 sulfur rule will affect diesel prices. Ships are expected to switch to low-sulfur marine diesel or gasoil, while scrubbers and LNG will be used by only a small share of vessels. Trucking firms worry that higher middle-distillate demand will squeeze their margins.

- Date: 2019-01-19 · published 2019-01-19T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/61268-freightwaves-oil-report-a-u-s-government-agency-makes-a-specific-estimate-how
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Expected demand for low-sulfur marine gasoil points to firmer diesel prices, which raise freight costs for feed and grain shipments. The impact is largely a 2020 event.

## Read by commodity

- DIESEL: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2019-07-08 | [IMO 2020: A new higher normal for diesel prices? by FreightWaves Intel Group is available on SONAR - FreightWaves](https://feedsoft.ai/events/58287-imo-2020-a-new-higher-normal-for-diesel-prices-by-freightwaves-intel-group-is.md) | +4.0% | -1.4% |
| DIESEL | 2025-06-17 | [Benchmark diesel price makes its biggest upward move since January - FreightWaves](https://feedsoft.ai/events/8384-benchmark-diesel-price-makes-its-biggest-upward-move-since-january-freightwaves.md) | -4.0% | +0.6% |
| DIESEL | 2021-02-16 | [DOE/EIA diesel price up 15th straight week; diesel market higher on refinery outages - FreightWaves](https://feedsoft.ai/events/48822-doe-eia-diesel-price-up-15th-straight-week-diesel-market-higher-on-refinery.md) | +4.9% | +9.7% |
| DIESEL | 2022-02-22 | [And now it’s 2013: DOE/EIA diesel price rises to level of 9 years ago - FreightWaves](https://feedsoft.ai/events/42897-and-now-it-s-2013-doe-eia-diesel-price-rises-to-level-of-9-years-ago.md) | +7.9% | +38.8% |
| DIESEL | 2021-05-03 | [DOE/EIA diesel price up for the week, first time since March - FreightWaves](https://feedsoft.ai/events/47280-doe-eia-diesel-price-up-for-the-week-first-time-since-march-freightwaves.md) | +4.8% | +6.4% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/energy-imo2020-eia-price-forecast

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