Oil Markets

The European diesel markets are in turmoil: demand has crashed – taking prices with it – and storage is filling up fast. Could we see a repeat of negative oil prices as we have seen in the US crude markets? In this episode, Platts editor Virginie Malicier tells Joel Hanley how diesel markets are coping in the Covid-19 pandemic. We also hear from freight reporter Charlotte Bucchioni, who gives an update on soaring shipping rates, as charterers scramble for spare tonnage.

Oil products are succumbing to record breaking lows, with jet cracks entering record-breaking and negative territory, and refineries are presented with complex decisions as a result of COVID-19. Senior refining reporter Elza Turner and middle distillate specialist Gary Clark discuss with Joel Hanley product margins and the options before refiners.

COVID-19 has crushed crude prices and is now closing North Sea oil fields. S&P Global Platts reporters Nick Coleman and Emma Kettley share their views with Joel Hanley, explaining the key logistical dependencies, and the differing impacts on Dated Brent and ICE Brent futures. In fuel oil, Britt Russell-Webster gives an update on the Coronavirus's role in changing bunker fundamentals, and how ship-owners might be reconsidering their scrubber options.

Nationwide lockdowns imposed by governments in the race to contain the spread of COVID-19 have in turn dampened economies and triggered severe demand destruction on refined oil products. In the latest S&P Global Platts Oil Markets podcast, our team of refined product specialists Ramthan Hussein, Mark Tan, and Wendy Cheong examine how containment measures are affecting demand for transport fuel gasoline and household fuel LPG in Asia, how prices have responded to the demand destruction, and what lies ahead, with the gradual return of Chinese industries.

With the OPEC+ agreement in tatters and COVID-19 destroying demand, the crude oil markets are in turmoil. Prices have fallen over 70% since October but is there any upside in the short term, and where can the glut go? Platts reporters Emma Kettley and Nicholas Baldwin tell Joel Hanley the latest on benchmark Dated Brent as well as the wider North Sea and West African crude oil markets.

COVID-19 has crushed demand and prices of jet fuel around the world. What can be done with all that extra jet fuel, and what are the prospects for airlines as they struggle to stay viable? S&P Global Platts reporters Gary Clark and Francesco Di Salvo discuss this challenging market with Joel Hanley.

In an extended Oil Markets podcast, we present a panel discussion on the energy transition and its impact on oil and gas companies, recorded at this year's S&P Global Platts London Oil & Energy Forum. The past year has seen an explosion of environmental protest, yet hydrocarbons still account for around 80% of the global energy mix. Simon Thorne, global director of power and generating fuels content, Chris Midgley, global director of analytics, and Beth Burks, ESG associate director at S&P Global Ratings, join Joel Hanley to discuss how the sector is likely to evolve amid the shift towards a more sustainable future. For more on this subject, read our special report, Sustainability shift: Oil's future in the energy transition.

International Petroleum Week is supposed to be a week of business and parties, but what happens when a virus outbreak threatens more disruption than environmental protesters could ever have hoped for? S&P Global Platts Global Head of Oil, Vera Blei, and Dave Ernsberger, Head of Content, discuss their takeaways from a fascinating IP Week with Joel Hanley. In the IMO2020 podcast, Britt Russell-Webster and Sarah-Jane Flaws tell Tamara Sleiman of the fuel market impact of the carriage ban on high sulfur fuels.

S&P Global Platts refined oil products experts Atsuko Kawasaki, Amy Tan, and Rajesh Nair examine the rapidly changing fortunes of the Asian Marine Fuel 0.5% market, which has seen a fundamental shift since International Maritime Organization's mandate to limit sulfur in marine fuels to a maximum of 0.5% kicked off from the start of the year.