Oil Markets

S&P Global Commodity Insights
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Jan 10, 2017 • 6min

US benchmark gasoline price climbs on surging exports to Mexico

Mexico’s higher gasoline prices for consumers are having a ripple effect through North American gasoline markets as the US exports more product to its neighbor. Josh Brown, editor for US gasoline markets, explains why Mexico’s domestic production is hobbled despite growing demand and...
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Jan 3, 2017 • 4min

Platts updates USGC high sulfur fuel oil assessment specs

Effective January 3, 2017, the Platts US Gulf Coast fuel oil assessment has been updated to reflect residual fuel oil intended for end-use by the bunker sector to meet maritime fuel demand. Patrick Burns, Americas fuel oil editor, talks with Matt Cook, associate editorial director for Americas...
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Dec 22, 2016 • 12min

The impact of the IMO's 2020 sulfur cap: Interview with Ensys/Navigistics

The IMO’s decision in late October to go ahead with a 0.50% global sulfur cap in 2020 is the defining topic shaping the outlook for marine fuels. In this week’s podcast Martin Tallett, president, Ensys Energy, and David St-Amand, president, Navigistics Consulting, talk to Ned Molloy,...
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Dec 14, 2016 • 5min

Life after sanctions: Iranian gasoil flows to ARA refining hub

S&P Global Platts editors David Elward and Ahila Karan discuss the nascent flows of Iranian gasoil into the Amsterdam- Rotterdam-Antwerp refining hub, where desulfurization opportunities have attracted the first shipments after a 10-year hiatus.Read more on this story -- Analysis: Iran emerges...
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Dec 12, 2016 • 7min

Will Russia back up leading role in OPEC, non-OPEC oil output deal with compliance?

Russia is playing a key role in the agreement between OPEC and non-OPEC countries to remove up to 1.8 million b/d of crude oil from the market to accelerate rebalancing.With the first visible results of the efforts likely to be seen in February or so, Nadia Rodova, managing editor at S&P Global...
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Dec 8, 2016 • 6min

Could new crude grades go into Dated Brent?

Platts editors Joel Hanley and Robert Beaman discuss the possibility of new grades of crude oil joining Brent, Forties, Oseberg and Ekofisk in the vital Dated Brent benchmark. Is Norway’s Troll the strongest candidate?Related videoWatch managing editor Paula Vanlaningham and price group...
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Nov 30, 2016 • 6min

SPIMEX’s Urals futures contract: A new benchmark for Russia?

Platts editors Joel Hanley and Elza Turner discuss the launch of the Urals crude oil futures contract on the St.Petersburg International Mercantile Exchange. Will international players help the contract provide a benchmark for Russian oil?We welcome any feedback or suggestions for topics. Contact...
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Nov 21, 2016 • 6min

How Russia's privatization plans withstand the latest corruption scandal

The arrest of Russian Economy Minister Alexei Ulyukayev, accused of receiving a $2 million bribe for supporting Rosneft's acquisition of a 50% stake in Bashneft earlier this year, came as a shock to the market. The corruption scandal, involving a key player in the privatization process, raised a...
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Oct 18, 2016 • 6min

Saudi Aramco's halt of oil product supply to Egypt surprises markets

In early October Saudi Aramco stopped its open credit line to Egypt's EGPC halting the supply of refined products, according to traders. What led to this decision, and how does this fit into the political context in the Middle East? Ned Molloy, managing editor European fuel oil, George Shaw, editor...
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Oct 5, 2016 • 13min

Upcoming IMO decision on global sulfur cap could boost scrubbers demand

There are no longer doubts about the technical feasibility of scrubbers, but the low oil price environment has made the financial case for investing in scrubbers less obvious. However with the upcoming IMO decision later in October in London, on whether to implement a global sulfur cap of 0.50% on...

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