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February 6th: Crude moves: How tariffs and trade wars are shaping the markets

The latest episode of the Sparta Market Outlook podcast the team looks at the impact of U.S. trade policies and geopolitical tensions. The team discuss the recent tariff developments involving China, Canada, and Mexico, emphasising their limited immediate effect on crude flows but highlighting potential long-term disruptions, particularly with the EU.

They also analyse the evolving crude market, noting shifts in price spreads and arbitrage opportunities, particularly between WTI, Brent, and Dubai. Discussions extend to refined products, where European gas oil is identified as potentially…

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