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Oil industry players are voicing growing concern about price disruptions in diesel, fuel oil and crude as the IMO's 2020 low-sulfur bunker fuel rule approaches. The concern centers on possible supply tightening for compliant fuels.
Expectations of tighter low-sulfur diesel and fuel oil supply ahead of 2020 could lift diesel and crude prices, raising input costs for feed producers and freight.
energyintel.comAuthor John van SchaikJun 5, 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.
After 442 past bullish policy events, Crude Oil (Brent) moved a median +1.4% over 5 sessions (60% higher; middle half -2.0% to +4.9%), and +2.1% 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.
