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Analysts are divided on whether the IMO 2020 sulfur rules will create a shortage of middle distillates such as diesel and marine gasoil. Some warn of price spikes as shipping competes with road, farm and industrial users, while others expect slowing European and Chinese diesel demand to keep supply adequate.
Possible competition for middle distillates from ships could push diesel prices up, raising fuel costs for farm operations and feed transport.
oilprice.comTsvetana ParaskovaOct 28, 2018After 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.
