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Episode 58: China’s crude buying spree and Russia’s refinery crunch: Crude flows in crisis
In this episode of the Sparta Market Outlook Podcast, the team dives into critical developments shaping global oil markets, with a focus on China's return to US WTI crude purchases despite tariffs, the impact of Ukrainian attacks on Russian refining infrastructure, and the tightening product markets as global turnaround season looms. They explore declining Russian product exports, particularly gas oil, and the implications of flat Chinese export quotas for clean and dirty products. The episode also covers the IEA’s report on global oil production declines, refining capacity constraints, and…
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