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Analysts expect the global diesel market to tighten considerably over the next few years. The tightening is linked to the 2020 IMO bunker fuel sulfur limits that will push shipping toward marine diesel.
Expected diesel tightening from 2020 bunker rules would support diesel prices and freight costs over the longer term, though the effect is distant.
energyintel.comNov 3, 2016After 90 past bullish policy events, 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.
