Oil Markets

Surging popularity for 0.5% sulfur marine fuel is boosting the new fuel's cracks to twice that of refining mainstay gasoline, product reporters Tom Washington and Solomon Lanitis tell John Morley. Upstream, crude reporters Emma Kettley, William Bland and Amanda Flint update Tamara Sleiman about the widening sweet-sour crude spread.

Middle distillates have been drifting into the a softer patch on the back of frustrated expectations for IMO 2020. Amid this, arrivals of VLCCs carrying middle distillates have impacted European and African markets, middle distillates specialists Virginie Malicier and Gary Clark tell Francesco Di Salvo.

The cost of shipping refined products from Europe to West Africa has risen strongly in recent weeks, making shippers rethink their strategies. Platts reporters Chris To and Solomon Lanitis discuss with Joel Hanley how the rise in freight rates is leading to companies doing extra journeys to make...

Asian end-users faced a month of soaring crude oil prices in October after freight rates surged to record highs earlier this month. Editors Vickey Du and Avantika Ramesh look at how end-users have responded and which grades in particular have benefitted from the expensive freight.

Much is made of the new 0.5% sulfur standard in marine fuels come IMO 2020 but what of the well-established 3.5% fuel market? How are prices reacting to the upcoming changes in shipping standards? Platts reporters Tamara Sleiman and Britt Russell-Webster join Joel Hanley to discuss the short-term...

With Otto von Bismarck's famous quote likely ringing in his ears, Saudi King Salman welcomed Russia's President Putin this week. Oil, OPEC, and cooperation were high on the agenda, but will Putin's visit to the Middle East prove more successful than the Saudi orchestra's...

As trade tensions take their toll on the shipping sector, will sellers of crude oil have to slash differentials to offset the high cost of transport? And how can the owners of clean vessels capitalise on high rates? Platts reporters Emma Kettley and Chris To discuss the market with Joel Hanley in...

As the traditionally FOB-based Dated Brent benchmark starts incorporating CIF offers, S&P Global Platts senior director of price group Jonty Rushforth and EMEA crude managing editor Paula Vanlaningham discuss what this means for liquidity and the volume of information coming into the...

Saudi Arabia has said that its crude production capacity would be restored to 11 million b/d by end-September, and to the full 12 million b/d in November. Supply uncertainties, however, continue to grip the Asian market. As the impact of the attacks on Saudi Arabia's oil facilities become clearer,...

As the oil market players digested the insights from the annual APPEC meeting in Singapore, an explosive attack on critical oil infrastructure in Saudi Arabia shut in over 5% of global oil supply. Joel Hanley discusses with Eklavya Gupte and Jonty Rushforth this huge shut-in of crude oil, with...