Joey Daly, a reporter from Platts specializing in North Sea crude oil, shares insights into the current volatility of physical spot markets. He discusses the anticipated return of Libyan supply and its impact on the Mediterranean and West African markets. The conversation highlights how escalating tensions in the Middle East are affecting crude prices and draws attention to the challenges faced by the North Sea market due to weakening demand and increased competition. Traders and stakeholders are provided with key market dynamics to navigate this turbulent landscape.