Oil Markets

As global oil markets continue to react in real time to the ongoing conflict in Europe, downstream sectors and interconnected industries are also beginning to see marked impacts on trade flows, fundamentals and most notably spot pricing. Long a key refining and import/export hub for the Western Hemisphere, the US Gulf Coast has seen swift reactions from logistics operations and energy majors as the region deals with a lack of Russian imports amid sanctions. Americas shipping manager Barbara Troner and dirty products manager Patrick Burns speak with clean tanker editor Eugenia Romero and US bunkers editor Phillipe Craig to break down how spot pricing for freight rates and marine fuels has reacted, and what those key segments can expect going forward.

Europe's high sulfur fuel oil requirements largely depend on exports from Russia. In this episode of the Oil Markets Podcast, S&P Global Commodity Insights reporters Stepan Lavrouk, Mary tiernan and David Petutschnig discuss with Joel Hanley the impact of the war in Ukraine on not just fuel oil, but also bunker fuel and vacuum gasoil. Tell us more about your podcast preferences so we can keep improving our shows. Take our two-minute survey here: https://bit.ly/plattspod22

Oil markets – and others – are seeing record prices and intense volatility as Russia’s invasion of its neighbor continues. S&P Global Commodity Insights reporters Rosemary Griffin, Elza Turner, and Rowan Staden-Coats discuss with Joel Hanley what the war in Ukraine means for prices, trade flows, and the refineries of Europe. Tell us more about your podcast preferences so we can keep improving our shows. Take our two-minute survey here: https://bit.ly/plattspod22

Russia’s invasion of Ukraine has stalled oil supplies to refiners in Asia as buyers remain wary of the fallout of the widespread sanctions imposed on Moscow. Though demand for oil and products continues to grow in the region, buyers are left grappling with stunted supplies and rising crude prices. In this podcast, S&P Global Commodity Insights’ Ada Taib, Pankaj Rao, Fred Wang and Vickey Du talk about the impact of the conflict on the Dubai pricing benchmark, Russian Far East crude differentials and the buying patterns of Asian refiners. They also delve into the surge in shipping freight costs and how the potential return of Iranian crude could impact oil supplies. Tell us more about your podcast preferences so we can keep improving our shows. Take our two-minute survey here: https://bit.ly/plattspod22

When the outbreak of the COVID-19 pandemic decimated global oil demand and pulled down prices to their lows in 2020, not many would have believed that just two years down the road, crude oil would be again climbing to $100 a barrel. In a wide-ranging discussion with Sambit Mohanty, Asia Energy Editor at S&P Global Platts, Jim Rogers, Chairman of Beeland Interests, Inc., Rosemary Griffin, Managing Editor for Russia at Platts, and Kang Wu, Head of Global Demand and Asia Analytics at Platts, share their insights on the resiliency of Asian oil demand recovery, the risk to prices and trade flows from Russia-Ukraine tensions, the potential return of Iranian oil, as well as the implications of surging oil prices on energy transition efforts. Tell us more about your podcast preferences so we can keep improving our shows. Take our two-minute survey here: https://bit.ly/plattspod22

Europe's sweet/sour crude price spread has widened on strong distillate demand and caution over Russian barrels. Platts reporters Emma Kettley and Iain Stevenson give an update on the soaring strength in light, sweet crude. Also, Jonty Rushforth and Joel Hanley discuss the Feb 14 launch of Platts proposed next steps for the Brent benchmark, like the inclusion of US WTI Midland crude. Subscriber note: Platts proposes to reflect WTI Midland in Dated Brent, Cash BFOE from June 2023, keeps Brent assessments on an FOB basis Tell us more about your podcast preferences so we can keep improving our shows. Take our two-minute survey here: https://bit.ly/plattspod22

While not always at the forefront of the market, low RVP, high octane blendstocks such as alkylate and reformate are necessary blending components which can drive price movements and influence supply and demand dynamics - particularly ahead of the summer specs transition. Shea McCord, Sarah Hernandez, and Anna Trier of the US Light Ends team sit down to discuss recent supply dynamics in the US octanes markets, and the impact those dynamics could have on building summer inventories and premium grades blending. Tell us more about your podcast preferences so we can keep improving our shows. Take our two-minute survey here: https://bit.ly/plattspod22

While diplomatic talks between the US and Russia continue, questions are raised about what consequences, if any, would new economic sanctions have on Russia’s ample exports of crude oil and diesel to Europe. In this episode of the Oil Markets Podcast, S&P Global Platts editors Rowan Staden-Coats and David Lewis discuss with Rosemary Griffin and Francesco Di Salvo the state of play between Russia and the West and how big of a supply shock could sanctions cause to the international oil markets.

There is growing optimism that 2022 will turn out to be the strongest year for Asian oil demand since the outbreak of COVID-19 more than two years ago. With consumption patterns looking increasingly resilient in top consumers China and India, demand may finally be on a sustained upward trend after a long period of uneven growth. But the market will be looking for answers to some key questions. Will Asia’s oil demand in 2022 rise above 2019 level despite the emergence of omicron? Can high oil prices create hurdles for demand recovery? And finally, what's in store for oil as Asia speeds up efforts to embrace the energy transition process? In a wide-ranging discussion with S&P Global Platts Asia Energy Editor Sambit Mohanty, Global Head of Oil Markets Vera Blei and Asia Head of Content Calvin Lee share their insights on some of the top themes for Asian oil markets in 2022.

Despite falling passenger numbers, airlines are facing soaring fuel bills. S&P Global Platts reporters Virginie Malicier and Lawrence Toye discuss with Joel Hanley what’s behind the supply/demand imbalance that’s pushing jet fuel prices to fresh highs.