JAN-1-2020: Maritime Diesel Price to go up Consequently Gas and Diesels too

**StockEngine** · August 28th, 2018 02:48 PM

Why Diesel Prices Are Set To Soar

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**uls** · August 28th, 2018 03:03 PM

your idol Trump hates environmentalism he should defy the International Maritime Organization low sulfur bullsh#t

Trump should make all US ships burn the dirtiest densest blackest carbon bunker fuel available haha

**uls** · August 28th, 2018 03:09 PM

Trump doesn't believe in climate change/ global warming

He believes it's a liberal agenda

He wants to dial back California emissions standards

**uls** · August 28th, 2018 03:10 PM

**StockEngine** · August 28th, 2018 03:48 PM

Trump has nothing to do with this hike. He is against fuel rate hike in the US.

BTT

Maersk Giant

https://www.spglobal.com/platts/en/m...am-before-2020

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**uls** · August 28th, 2018 03:53 PM

i know

since Trump is your idol i'm just telling you that Trump should not allow the US to follow that international sulfur cap

he should say F-U to those environmentalists who came up with the idea

**uls** · August 28th, 2018 03:56 PM

and PH should use dirty diesel haha

**ice15** · August 28th, 2018 04:48 PM

Ships Low Sulfur fuel is expensive - yes

But in reality, cost of crude is really low!

If I'm not mistaken, it was trading below $80/barrel a few days ago... Some countries need it to be around $100 to survive.

Winter market did not arrive in Q1... A lot is hoping for it to come around Q4... Otherwise its been a bad year for the energy sector...

PHL oil price is high because of TRAIN and the weaker Peso.

**StockEngine** · August 28th, 2018 04:58 PM

Originally Posted by ice15

Ships Low Sulfur fuel is expensive - yes

But in reality, cost of crude is really low!

If I'm not mistaken, it was trading below $80/barrel a few days ago... Some countries need it to be around $100 to survive.

Winter market did not arrive in Q1... A lot is hoping for it to come around Q4... Otherwise its been a bad year for the energy sector...

PHL oil price is high because of TRAIN and the weaker Peso.

How many pesos increase per litre ang refined products after 1-1-20? D & G? Were just speculating but it will increase eventually...

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**uls** · August 28th, 2018 05:18 PM

Originally Posted by ice15

Ships Low Sulfur fuel is expensive - yes

But in reality, cost of crude is really low!

If I'm not mistaken, it was trading below $80/barrel a few days ago... Some countries need it to be around $100 to survive.

Winter market did not arrive in Q1... A lot is hoping for it to come around Q4... Otherwise its been a bad year for the energy sector...

PHL oil price is high because of TRAIN and the weaker Peso.

point is if that low sulfur cap for ship fuel is fully implemented ships will be competing with land transportation for low sulfur diesel

if refineries cannot keep up with demand it will drive up the price of diesel

there may be plenty of crude but the bottleneck will be with refineries