Oil Markets

S&P Global Commodity Insights
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Aug 2, 2019 • 4min

US, Russia battle for Asian crude oil demand

US crude has been gaining market share in Asia, with growing popularity in South Korea, Thailand and Taiwan. S&P Global Platts editors Avantika Ramesh and Ada Taib examine how the flow of US crude in to the region has been affecting demand for Far East Russian crude grades.
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Jul 25, 2019 • 11min

Hormuz tanker tensions fail to ignite the oil markets

Tankers have been seized, drones downed, and warships scrambled but oil prices have barely registered the escalating tension in the Persian Gulf. S&P Global Platts reporters Robert Perkins and Emma Thomas discuss with Joel Hanley the factors keeping a lid on prices, and why values on crude oil...
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Jul 18, 2019 • 18min

The only way is up for refiners

Talks of closures are over for now and a clutch of run cuts at European refineries, followed by a significant outage in the US, is propping up sentiment. Refineries reporter Elza Turner tells the latest to Joel Hanley. Later in the program, Tamara Sleiman talks to Philip Reeder and Lara Berton...
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Jul 11, 2019 • 6min

Changing currents for crude flows following trouble in the Strait of Hormuz

The UK and Iran are facing off against one another over oil tankers and this is spooking both shippers and oil producers, with ripple effects across the markets. News reporters Jack Jordan and Miriam Malek discuss the implications with Eleni Pittalis.
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Jul 4, 2019 • 22min

Choppier waters for European gasoline

The US is diversifying its sources of imports, but while this might sound dismal for European producers there is still a varied landscape of shorts out there and the outlook for producers is bullish. Francesco di Salvo talks to Solomon Lanitis and Joshua Brown. Meanwhile, on the high seas, Alex...
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Jun 28, 2019 • 5min

How do current tensions in the Middle East affect crude flows to Asia?

Singapore-based S&P Global Platts editors Eesha Muneeb and Avantika Ramesh examine the impact on prices as well as the level of concern among Asian refiners, traders and buyers, amid the geopolitical tension brewing in the Middle East, particularly after US President Donald Trump indicated a...
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Jun 20, 2019 • 9min

Angola’s challenges as crude production and differentials slide

Production is at fresh lows and prices are following suit, but there are signs Angola is taking steps to stem the decline. Joel Hanley talks to Eklavya Gupte and Kristi Rotlaender about an expected upturn in demand for Angola’s heavy sweet crude, and China’s role as a major buyer.
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Jun 7, 2019 • 12min

Strong NWE gasoline masks a weaker global picture

Crude oil pipeline contamination in Europe has boosted gasoline cracks, which are masking a softer reality across regions. S&P Global Platts editors Eleni Pittalis, Solomon Lanitis and Tamara Sleiman discuss market dynamics on both sides of the Atlantic, as well as the product offering from...
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May 24, 2019 • 9min

Why is the fuel oil sulfur spread going bananas?

After months near parity, the spread between high and low sulfur fuel oil has suddenly blown out. What’s behind this move and what could it mean for the feedstocks market? Eleni Pittalis and Sarah-Jane Flaws explain all to Joel Hanley.
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May 13, 2019 • 11min

Iran sanctions begin to bite; what does IMO 2020 mean for fuel oil?

The expiration of the US-issued Iranian sanctions waivers has now passed, leaving regular buyers of Iranian crude – and the fuel oil market – short of a regular supply line. S&P Global Platts reporters Tamara Sleiman and Eklavya Gupte tell Joel Hanley who they think the winners...

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