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Drilling Deep: Why diesel prices haven’t felt the IMO 2020 impact; a bearish outlook on freight rates

The price of diesel was supposed to rise because of IMO 2020. It hasn’t. What happened?

Join Drilling Deep host John Kingston as he talks about why the price impact from IMO 2020 in the diesel market has nowhere near played itself out yet and why the consumers of diesel still need to watch for those movements. We also talk to noted freight economist Noel Perry of Transport Futures to get his decidedly bearish take on trucking markets.


John Kingston

John has an almost 40-year career covering commodities, most of the time at S&P Global Platts. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment, one for steering coverage of the BP Deepwater Horizon disaster and the other for the launch of a public affairs television show, Platts Energy Week.