Oil Markets

S&P Global Commodity Insights
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May 2, 2019 • 10min

Russian crude oil contamination causes European supply shock

A high dose of organic chlorides in Urals crude oil has shut down European refineries and led to severe logistical and price complications. S&P Global Platts reporters Paula Vanlaningham and Robert Perkins tell Joel Hanley the latest on the scandal.
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Apr 26, 2019 • 6min

What does the end of the Iran sanction waivers mean to Asian crude and condensate buyers?

The US announced the end of all waivers from Iran oil sanctions when they expire on May 2. Ada Taib, Eesha Muneeb and Andrew Toh, S&P Global Platts editors in Asia, examine what this announcement means to crude oil buyers in the region, with China, India, and South Korea being among the biggest...
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Apr 18, 2019 • 20min

So what happened at MPGC 2019?

As ever, the Middle East Petroleum & Gas Conference has provided plenty to talk about from currency rows to Trump tweets. Fresh from Dubai, Dave Ernsberger, S&P Global Platts global head of energy, and Vera Blei, global director of oil markets, join Joel Hanley, editorial director,...
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Apr 10, 2019 • 8min

How Russian Urals crude is reacting to the sweet and sour inversion

With heavy sour crudes seeing remarkable value versus their light sweet counterparts, how are Russia’s Urals and the Europe’s fuel oil markets responding? S&P Global Platts reporters Gillian Carr and Sarah-Jane Flaws give Joel Hanley the lowdown.
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Apr 3, 2019 • 9min

Forward fuel and the sticky bitumen question

Forward prices of high sulfur fuel oil are seeing understandable pressure as 2020 approaches. S&P Global Platts reporters Tamara Sleiman and Jack Jordan discuss this with Joel Hanley, as well as the possible options for bitumen producers looking for a new benchmark.
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Mar 28, 2019 • 9min

Dated Brent crude oil grades feel impact of strong buying interest

S&P Global Platts reporters Emma Kettley and Gillian Carr speak to Joel Hanley about the sudden strong buying interest in the North Sea Dated Brent crude complex, as well as the knock-on effect on grades such as Russia's Urals.
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Mar 22, 2019 • 9min

Oil Markets podcast – Africa's oil opportunities

Ahead of the African Refiners’ Association conference in Cape Town, S&P Global Platts reporters Francesco Di Salvo and Eklavya Gupte tell Joel Hanley of the trends, challenges and opportunities facing the continent’s oil industry.
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Mar 22, 2019 • 4min

US crude oil returns to China in small volumes amid ongoing US-China trade talks

US crude is returning to China in small volumes, signaling growing confidence among Chinese buyers that the ongoing trade talks between China and the US will yield a favorable outcome. Sinopec most recently bought a VLCC of US crude to be delivered to China in late May, after having halted all...
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Mar 7, 2019 • 14min

Parties! Protests! Dinosaurs! IP Week 2019 in review

S&P Global Platts Joel Hanley, Dave Ernsberger and Francesco Di Salvo discuss the highs and lows of London's International Petroleum Week. As ever, the oil industry's flagship gathering provided plenty debate on the markets, as well as talking points on environmental and diversity issues.
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Feb 21, 2019 • 11min

Spotting the big oil trends ahead of IP Week 2019

As traders are set to gather in London for International Petroleum Week, S&P Global Platts reporters from across the barrel tell Joel Hanley which oil stories will be heard in the meetings and parties around town. Taking in the biggest themes from crude, fuel, distillates and light ends, the...

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