Oil Markets

S&P Global Commodity Insights
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Jan 22, 2014 • 3min

Chinese bunker sales drop on low Russian prices and sluggish market

China's bunker fuel sales were estimated at 10 million mt in 2013, a 10% decrease from 2012. Atsuko Kawasaki, Platts Asia oil editor, examines the reasons behind the drop and shares market expectations for the year ahead. This is the latest in a series of weekly podcasts aimed at highlighting...
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Jan 22, 2014 • 9min

European distillate markets under pressure from rising US, Middle East oil supply

Olivier Lejeune, team leader for European and African middle distillates, discusses a bearish start to 2014 for diesel, jet fuel and gasoil markets with editors David Elward and Robert Friend. Rising exports from the US and new refining capacity coming online in the Middle East is already putting...
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Jan 22, 2014 • 6min

Record high dirty tanker rates impact European crude market

Benno Spencer, senior managing editor, Europe and Africa Oil, John Morley, West of Suez freight editor, and Eklavya Gupte, West African crude editor, discuss the factors that have contributed to the recent record strength in the dirty tanker market while also focusing on the impact of the strength...
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Jan 16, 2014 • 5min

Libyan crude supply starts returning to market despite continued unrest

Platts Europe & Africa crude oil team leader Robert Beaman discusses recent developments in Libyan crude exports with Urals and Mediterranean editor Paula VanLaningham. As some Libyan crude returns to market from the west of the country while exports from the east remain limited, they discuss...
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Jan 14, 2014 • 6min

Floating storage opportunities emerge amid widening ICE Brent contango

Robert Beaman, managing editor for European and African crude oil, discusses the widening contango on the ICE Brent Futures structure with crude editors Eklavya Gupte and Ned Molloy. As steep contango encourages traders to put Atlantic Basin, Persian Gulf and Asian crudes into inland and floating...
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Jan 13, 2014 • 8min

European oil storage: Interview with Niels von Hombracht

Niels von Hombracht, a specialist in the field of the storage and logistics of crude oil, petroleum products and chemicals, discusses with John Kingston, Platts news director, the most pressing issue for the oil storage market and trends driving storage issues for crude versus storage issues for...
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Jan 9, 2014 • 5min

European vacuum gasoil markets soar on strong US demand and open arbitrage

Eklavya Gupte, European feedstocks market editor and Chris Vowden, European fuel oil and feedstocks team leader, discuss the recent strength on the European vacuum gasoil market and how the increase in US gasoline values and an open arbitrage has provided a huge boost to the VGO market in Europe....
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Jan 8, 2014 • 4min

Chinese oil outlook: Potential room for growth for gasoil

Despite muted growth in demand in the past year, gasoil is one product to watch in coming months. Song Yen Ling, senior writer for Platts oil and gas news, examines the general outlook for Chinese oil demand and notable developments in the market. This is the latest in a series of weekly podcasts...

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