Oil Markets

S&P Global Commodity Insights
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Jul 25, 2014 • 6min

China's H1 2014 apparent oil demand edges up on year

Platts' Song Yen Ling, senior writer for China, analyzes China's apparent oil demand during the first six months of 2014, which edged up 0.6% on year to 9.91 million b/d, according to Platts calculations based on recent government data. She also assesses gasoil demand, which recovered to its...
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Jul 16, 2014 • 3min

West African overhang brings down European crude market amidst poor margins

Platts' Eklavya Gupte, West Africa crude editor, and Ned Molloy, North Sea crude editor, discuss the biggest slide in Brent crude prices this year, including the impact of Chinese de-stocking on West African exports, the fragile recovery in European refining margins, and headlines on Iraq and...
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Jul 2, 2014 • 6min

Shippers weigh options as US fuel emissions standards set to change

Shippers traveling within 200 miles of US shores are just six months away from new emissions regulations, which will lower the amount of sulfur in fuel allowed within Emission Control Areas. John-Laurent Tronche, team leader, Americas bunker fuel and residuel fuel oil, explains the options...
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Jun 11, 2014 • 4min

Angolan crude values hit fresh lows on soft Chinese demand, weak refining margins

Andrew Bonnington, Platts editorial director for European and African oil, and Eklavya Gupte, West Africa editor, discuss the recent low values seen in the Angolan crude market amid weak Chinese demand and tumbling refining margins. This is the latest in a series of weekly podcasts aimed at...
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Jun 4, 2014 • 5min

Poor refining margins pressure European, West African crude values

Benno Spencer,Ned Molloy and Paula Vanlaningham, members of the Platts European crude oil price reporting team, discuss the recent reversal of fortunes for North Sea crude values, the bearish Mediterranean and Urals crude markets, stymied West African crude arbitrage to China and an environment of...
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May 29, 2014 • 2min

Baltic gasoil volumes find alternative outlet amid weak European demand

Ilana Djelal, Platts associate editorial director clean products EMEA and Eline Potie, Platts European gasoil market editor, discuss persistent weakness in the underlying gasoil demand and how this weakness is being mitigated by Baltic gasoil volume bypassing European markets in May. This is the...
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May 20, 2014 • 6min

WAF freight rates weaken on oversupply, lack of Asian buying interest

Ellie Weir, Platts tankers team leader talks to John Morley, dirty tankers editor and Eklavya Gupte, West African crude editor, about the reasons behind WAF VLCC freight rates languishing at their lowest levels for eight months. Focusing on both the freight and crude oil markets to understand why...
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May 15, 2014 • 4min

European gasoline weakens as US arbitrage opportunities shrink

Sophie Byron, Platts light ends team leader, and Francesco Di Salvo, Platts EMEA gasoline editor, discuss recent weakening in the European physical and paper gasoline markets, as weaker arbitrage opportunities to the US Atlantic Coast failed to absorb length, as well as the impact of West African...
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May 12, 2014 • 8min

Regulations, reduced demand significantly diminish Japanese oil refining capacity

Takeo Kumagai, senior editor for Platts oil news, talks with James Bourne, associate editorial director for oil news in Asia, about how operable capacity for oil refining in Japan has dropped roughly 20% on government regulations and waning domestic demand. Imports of certain products may increase...
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May 12, 2014 • 6min

Oil reserves promising in rough offshore waters of Great Australian Bight

The Great Australian Bight, off the southern coast of Australia, is causing excitement among major oil companies hoping to tap into the large offshore reserves there. James Bourne, Platts associate editorial director for Asian oil news, and Christine Forster, Platts senior writer for Asia oil news,...

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