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S&P Global Commodity Insights
S&P Global Commodity Insights analysis of key oil price movements across the globe.
Total 439 episodes
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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
[email protected]
.
06:46
04/05/2018
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...
05:36
19/04/2018
Rotterdam overtakes Fujairah as world's second bunker fuel hub
Bunker demand data for 2017 over the past month has shown Fujairah slipped behind Rotterdam in total sales last year, while both remain long behind the world leader, Singapore. Editorial director for EMEA oil Joel Hanley is joined by editorial lead for bunker news Jack Jordan for a discussion on...
05:38
28/03/2018
What next for African refining?
After attending the African Refiners Association meeting in Cape Town, March 12-14, S&P Global Platts reporters Ahila Karan and Eklavya Gupte share their thoughts with Joel Hanley on the continent's prospects in oil refining and investment.Related contentVideo: What is the state of play for...
08:42
21/03/2018
What's behind the Russian sour crude oil slump?
With Russian crude oil values in Europe slumping to multi-year lows, S&P Global Platts editors John Morley and Maude Desmarescaux discuss with Joel Hanley why sour crude has fallen out of favor and the possible knock-on effect on the North Sea Dated Brent benchmark.We welcome any feedback or...
08:03
14/03/2018
IP Week -- Oil and gas: An industry trying to redefine itself
S&P Global Platts oil news team discusses the oil and gas industry's search to redefine itself amid weak prices, rising US shale output, and growing environmental challenges.We welcome any feedback or suggestions for topics. Contact us at
[email protected]
.
06:52
23/02/2018
Asian kerosene strength brings fresh highs to European jet fuel prices
S&P Global Platts European jet fuel editors Christopher Ewen and Caroline Knight discuss with Joel Hanley the strength in the European jet fuel market. Strong Asian winter demand, twinned with refinery maintenance, has seen cargoes stay in the region rather than head to Europe as usual.We...
06:23
08/02/2018
December Forties Pipeline System outage affects January North Sea-Asia crude arbitrage
S&P Global Platts crude oil editors Paula Vanlaningham and Maude Desmarescaux discuss the consequences of the December Forties Pipeline System outage on January arbitrage flows of North Sea crude to Asia. How did the market respond to this unprecedented turn of events, and what should we expect...
05:19
25/01/2018
The Saudi purge and Aramco: how the kingdom's oil policy may play out
Saudi Arabia, with its anti-corruption purge, has been much in the headlines lately, as has kingdom's state-owned oil company, Saudi Aramco, with much speculation over its long-mooted public listing.Discussions are underway as to how best to proceed with the IPO, which the kingdom hopes will fund a...
09:09
16/11/2017
Jet fuel barges soar above $50/mt bucking traditional seasonal trends
David Elward, S&P Global Platts associate editorial director, EMEA clean refined products, and Christopher Ewen, associate editor, EMEA middle distillates, discuss the recent counter-seasonal spike in jet fuel barge prices. What caused rising jet fuel prices outside of the traditional peak...
08:25
10/11/2017
Northwest European propane prices buck traditional seasonal trends
Joel Hanley, S&P Global Platts senior director EMEA oil, and Iain Stevenson, managing editor EMEA light ends, discuss this summer's firm propane fundamentals during a time when prices would traditionally drop. Is the alternative steam cracker feedstock about to face an unconventional winter...
05:13
26/10/2017
How is US oil recuperating from Harvey, from wellhead to midstream to refining?
Hurricane Harvey affected the US oil industry from the wellhead to refinery outputs, and the sector is still showing signs of slowness after the storm pummeled the US Gulf Coast. Senior oil editors Ashok Dutta, Janet McGurty and Starr Spencer recap how Harvey brought down crude oil and natural gas...
10:33
28/09/2017
Kurdistan’s independence poll raises the heat in Iraq but what does it mean for oil?
Iraq's semi-autonomous Kurdistan raised regional tensions this week with its non-binding referendum for independence. The result, a resounding yes, was a foregone conclusion but the poll has rankled some of Kurdistan's key allies and neighbors.S&P Global Platts senior writer Robert Perkins,...
09:09
28/09/2017
IMO 2020: Which country will be the toughest enforcer of the sulfur cap?
At recent shipping industry events in London, compliance with the IMO's upcoming 0.5% sulfur cap on marine fuels was a hot topic among industry representatives. S&P Global Platts editors Ned Molloy, Tom Washington and Jack Jordan discuss a recent case of non-compliance in Denmark, as well as...
07:31
21/09/2017
After the storms: Jet fuel trends and outlook in Europe and the US
As the US recovers from a devastating series of hurricanes, S&P Global Platts editors Caroline Knight and Daron Jones discuss with Joel Hanley the storms' impact on the jet fuel markets both there and in Europe.We welcome any feedback or suggestions for topics. Contact us at...
08:05
18/09/2017
European gasoline, diesel prices rally on Hurricane Harvey, traders eye Irma impact
S&P Global Platts editors David Elward, Virginie Malicier, George Shaw and Marcel Goldenberg discuss the impact of Hurricanes Harvey and Irma on Europe’s refined product and crude oil markets. Gasoline exports from Europe to the US have increased, diesel flows from the US Gulf Coast to...
09:08
07/09/2017
North Sea crude complex holds up in face of wider inter-regional spreads
S&P Global Platts editors Joel Hanley and John Morley discuss the changing competition affecting North Sea crude oil, as the Brent/WTI and Brent/Dubai spreads blow out to fresh levels. Can US grades compete for European refinery share, and what of the European oil slated to go to Asia?We...
06:54
23/08/2017
European oil, petchems reaction to Shell Pernis refinery production halt
Following the July 29-31 fire and subsequent leak at Shell's Pernis refinery in the Netherlands –- the largest in Europe and a key petrochemicals hub –- S&P Global Platts editors discuss the impact of this major incident on the region's oil and petchems markets; and assess how...
13:03
08/08/2017
NWE naphtha turns bullish on petrochemical, gasoline blending demand
S&P Global Platts refined products editors David Elward, Katherine Dunn and James Colquhoun discuss how after prolonged weakness the Northwest European naphtha complex has strengthened on stronger demand from petrochemical end users and for gasoline blending, in part switching away from rising...
07:29
01/08/2017
What has prompted the recent split in crude differentials in the Med sweet markets?
S&P Global Platts crude oil editors Paula VanLaningham and Marcel Goldenberg discuss the recent uptick in differentials for the Mediterranean's light, sweet Saharan and CPC Blend and why that has not carried over into more distillate-rich Azeri Light.RELATED CONTENTSpecial report: Western...
04:33
13/07/2017
IMO update: Latest news on the 2020 sulfur cap
After the latest meeting of the IMO's Marine Environment Protection Committee in London on July 3-7, S&P Global Platts editors Ned Molloy and Jack Jordan discuss what happened at the meeting and whether any clarity has emerged on how the 0.5% sulfur cap on marine fuels will be implemented in...
04:22
10/07/2017
What role will China play in the North Sea crude oil market in Q3?
S&P Global Platts oil editors Paula VanLaningham and John Morley discuss the changes in North Sea crude arbitrage to Asia, with a particular focus on the role China is likely to play as trading rolls into the third quarter.RELATED CONTENTS&P Global Platts trade flow software cFlowPrice...
05:33
28/06/2017
Saudi Arabia's new crown prince and the outlook for the kingdom's oil sector
Saudi Arabia's King Salman has appointed his son Mohammed bin Salman as his successor, giving the young prince a free hand to carry out his ambitious economic reforms.S&P Global Platts editors Adal Mirza and Tamsin Carlisle discuss what the announcement means for the kingdom's National...
04:39
22/06/2017
What next for the gasoline/diesel spread in Europe?
S&P Global Platts oil editors Joel Hanley, George Shaw and Chris Ewen discuss the narrowing spread between gasoline and diesel in Europe, highlighting the trends having an effect on this well-watched relationship.We welcome any feedback or suggestions for topics. Contact us at...
07:19
21/06/2017
Fuel oil cracks and the OPEC effect
Joel Hanley speaks with fellow S&P Global Platts editors Amandeep Dhir, Eleni Pittalis and Elza Turner about the impact that OPEC/non-OPEC crude cuts are having on fuel oil margins.Related podcast: Sweet/sour crude spread in focus as Urals prices over CPC BlendWe welcome any feedback or...
04:58
09/06/2017
Sweet/sour crude spread in focus as Urals prices over CPC Blend
S&P Global Platts editors Marcel Goldenberg and Ahila Karan discuss with Joel Hanley how the now-extended OPEC/non-OPEC oil output cuts are impacting gasoil and crude markets in the Mediterranean, where light, sweet crude is now at a discount to higher-sulfur oil.Related video: Despite...
06:50
01/06/2017
Russia's ambitious aviation fuel plans take off at industry event
In the week St Petersburg played host to the International Air Transport Association Fuel Forum, S&P Global Platts editors David Elward and Caroline Knight reflect on an expanding Russian aviation footprint, the outlook for the global airline sector and jet fuel prices, and industry efforts to...
13:43
19/05/2017
What can the oil market expect at the OPEC meeting in Vienna?
In the inaugural episode of the S&P Global Platts OPEC Outlook podcast, Herman Wang, Platts OPEC correspondent, discusses what to watch for when the oil producer group's ministers meet on May 25 with their non-OPEC counterparts to review their production cut agreement. Ministers appear to be...
20:35
16/05/2017
Bulls and bears tussle in the oil supply/demand debate
S&P Global Platts editors Joel Hanley and Jonty Rushforth discuss the key issues raised at the Platts Crude Oil Summit, from the supply/demand balance and OPEC's upcoming meeting, Asia's enigmatic demand growth, and the further evolution of crude benchmarks.We welcome any feedback or...
11:32
12/05/2017
The forward curve reacts to IMO 2020
While the markets still try to digest the implications of the International Maritime Organisation's decision to move to a 0.5% sulfur cap for marine fuels from 2020, Platts oil products editors Joel Hanley, Ned Molloy and Eleni Pittalis discuss the visible signs of market change.We welcome any...
04:49
04/05/2017
Upcoming West Africa sulfur reductions on oil product imports gather apace
Iain Stevenson, managing editor for the S&P Global Platts EMEA light ends oil team, Ahila Karan and Fabian Weber, EMEA associate editors for the gasoil and gasoline markets, discuss clean product sulfur limit reductions in West Africa and the potential impact on European trade flows.We welcome...
07:05
27/04/2017
Asian buyers become major players in European crude oil markets
Paula VanLaningham, managing editor for the S&P Global Platts EMEA crude oil team, Maude Desmarescaux and Marcel Goldenberg, EMEA editors for North Sea and the Urals and Mediterranean markets, discuss the growing influence of Asian buyers in the European crude markets.We welcome any feedback or...
10:20
24/04/2017
May a big month for Iran amid rising crude oil output
Iran's crude oil production is close to pre-sanctions levels, according to the S&P Global Platts OPEC survey, but can the country push on further? Associate director Paul Hickin and senior editor Eklavya Gupte shed light on the diversification of Iranian crude export destinations, as it faces...
09:52
13/04/2017
Med diesel, gasoil balances adjust after Saudi Aramco-EGPC rapprochement
Saudi Aramco announced recently it would resume exports of refined products, including 1,000 ppm sulfur gasoil, to the Egyptian General Petroleum Corporation. Platts editors David Elward, Francesco Di Salvo and George Shaw discuss how the initial commitments have been met, in part, by lower sulfur...
09:18
06/04/2017
Global factors widen the Forties/Urals crude oil spread
S&P Global Platts editors Joel Hanley, John Morley and Marcel Goldenberg discuss the "exploding" price difference between two important crudes in North Europe -- benchmark Forties and Russia’s Urals.We welcome any feedback or suggestions for topics. Contact us at
[email protected]
.
07:54
29/03/2017
Russia's falling fuel oil exports
S&P Global Platts editors Joel Hanley and Elza Turner discuss how Russian refinery upgrades and a rise in export duty have led to a fall in exports for fuel oil. However, one product in particular is seeing a rise in exports.We welcome any feedback or suggestions for topics. Contact us at...
07:46
16/03/2017
Nigeria finalizes 2017 DSDP program as Africa seeks a cleaner fuel future
Ahead of the African Refiners Association conference in Cape Town next week, Platts editors discuss Nigeria’s efforts to finalize the country’s second annual direct sale of crude oil and direct purchase of products program (DSDP) for 2017, and the region’s continued drive to adopt...
11:34
09/03/2017
The big oil issues for 2017
Ahead of the Platts London Oil & Energy Forum on February 20, editors David Elward and Robert Beaman join Joel Hanley for a look at the big issues in the oil markets. With matters such as OPEC’s output cut, West Africa’s clampdown on sulfur, and the new US president, there is a lot...
13:18
09/02/2017
Libya: back on the road to supply security?
Once a North African OPEC powerhouse for light, sweet crude oil, Libya is now riven by civil war and disrupted oil supply. The country is trying to pull itself back into contention as a supplier of crude into the Mediterranean and beyond. S&P Global Platts editors Joel Hanley and Gillian Carr...
07:04
02/02/2017
Russian Urals crude values remain strong on program release
S&P Global Platts editors Joel Hanley and Marcel Goldenberg talk about the strength in Russia's Urals crude oil. With record crude volumes coming out of Russia, will December’s agreement with OPEC have a meaningful impact?We welcome any feedback or suggestions for topics. Contact us at...
05:54
26/01/2017
Low sulfur fuel oil 2017 power play
Platts editors Joel Hanley and Amandeep Dhir discuss the current strength in low sulfur fuel oil in the Mediterranean, and the prospects for a fuel that faces an uncertain future in light of environmental regulation.We welcome any feedback or suggestions for topics. Contact us at...
04:10
18/01/2017
Naphtha starts 2017 with a bang
Platts editors Joel Hanley and Virginie Malicier discuss the naphtha market’s strong start to 2017. As the year unfolds, what has turned the market from bearish to bullish in the short term?We welcome any feedback or suggestions for topics. Contact us at
[email protected]
.
05:23
11/01/2017
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...
05:44
10/01/2017
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...
03:47
03/01/2017
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,...
12:14
22/12/2016
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...
05:08
14/12/2016
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...
07:01
12/12/2016
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...
05:31
08/12/2016
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...
06:24
30/11/2016
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...
05:34
21/11/2016