Oil Markets

S&P Global Commodity Insights
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Oct 11, 2018 • 8min

European low sulfur VGO market facing bearish headwinds on sinking gasoline cracks

The European low sulfur vacuum gasoil market has been facing bearish headwinds in recent weeks on the back of rapidly weakening gasoline cracks. S&P Global Platts EMEA fuel oil managing editor John Morley is joined by editors Tamara Sleiman and Solomon Lanitis to examine the current state of...
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Oct 3, 2018 • 5min

Refiners announce first details of new 0.5% sulfur bunker fuels

Shipowners have received some of the first details about the fuel they will be relying on from 2020 this week with some announcements about the new blends for use once the International Maritime Organization's sulfur limit drops to 0.5%. S&P Global Platts Jack Jordan, editorial lead for bunker...
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Sep 20, 2018 • 10min

West African crude oil trading goes public

A new swap contract has led to unprecedented transparency in Nigerian crude oil trading. S&P Global Platts senior editors Joel Hanley and Paula VanLaningham assess whether this could be a new trend, as well as discussing new assessments for US crude into Europe, and a possible quality premium...
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Aug 22, 2018 • 8min

Jamnagar, Yanbu outages have conflicting impact on European gasoline and VGO markets

Maintenance on secondary cracking units at the Jamnagar and Yanbu refineries is having a conflicting impact on European gasoline and Vacuum Gasoil markets. Supply of gasoline out of the units has been dented, meaning Northwest Europe is being tapped to fill the void, while demand for European VGO...
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Aug 15, 2018 • 8min

Off-spec Houston bunker fuel sparks contamination crisis

A recent spate of shipping engine failures has been traced back to a problematic cargo of bunker fuel in Houston earlier in the year. S&P Global Platts reporters Emma Kettley and Jack Jordan discuss with Joel Hanley the difficulties of policing fuel oil specifications and whether a global...
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Jul 24, 2018 • 9min

IMO: financing marine fuel costs post-2020

Tonnage, debt, price and credit could be explosive issues for the shipping and bunker industry going into 2020. The fallout from the International Maritime Organization's tighter fuel regulations will mean higher fuel costs and/or difficulties purchasing expensive scrubbers. S&P Global Platts...
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Jun 20, 2018 • 8min

Younger generation of shipping executives reconsider scrubbers ahead of IMO 2020

Among shipowners looking at how to cope with tighter marine fuels sulfur limits in 2020, the use of scrubbers to clean their emissions on board has been seen as a niche solution for the past few years. But that may be starting to change – rumours abound that the technology may be finding new...
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May 9, 2018 • 6min

Implications of US sanctions on Iran for Asian oil buyers

How will Asia's top buyers react to the re-imposition of US sanctions on Iran?In this podcast, S&P Global Platts editors Mriganka Jaipuriyar, Philip Vahn, and Oceana Zhou examine why China is likely to benefit the most out of the US' move, as South Korea and Japan cut back on their imports and...
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May 4, 2018 • 7min

What’s keeping naphtha afloat?

S&P Global Platts light ends reporter Philip Reeder tells Joel Hanley why prices for versatile feedstock naphtha have remained strong while other refined oil products have not sustained the pace.We welcome any feedback or suggestions for topics. Contact us at webeditor@platts.com.
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Apr 19, 2018 • 6min

Looking for the upside: CPC Blend crude oil at six-year lows

S&P Global Platts editors Gillian Carr and Joel Hanley discuss how differentials for Kazakhstan's CPC Blend crude oil have plummeted on heightened output and weak demand. But with production only set to increase, is there any hope for a price recovery in the short term?We welcome any feedback...

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