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Trucking executives fear sharp increases in diesel prices, and possibly shortages, as ocean carriers compete for fuel ahead of the January 1 IMO sulfur limit change. Energy experts from IHS Markit said the shift to ultra-low sulfur fuel is happening quickly.
The date is set by the MARPOL treaty and is not expected to be delayed.
Demand from ships switching to ultra-low sulfur diesel, roughly 3-4 million barrels a day by estimate, could tighten diesel supply and lift prices for freight and farm operations.
ttnews.comDan Ronan5 Sep 2019Setelah 90 peristiwa kebijakan bullish sebelumnya, ULSD / Solar bergerak median +1,4% selama 5 sesi (66% lebih tinggi; separuh tengah -1,9% sampai +4,1%), dan +0,1% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
