Shows / Oil Markets
Episodes
- Oil Markets
No way out: Trapped European crude sinks differentials
The European crude oil market is entering the final stretch of 2026 with a ballooning supply glut. Elevated freight is limiting the economics of moving barrels…
- Oil Markets
Can new middle distillates supply options offset geopolitical risk?
Asian middle distillate markets are entering the remainder of the fourth quarter with competing forces pulling the supply balance in different directions…
- Oil Markets
US midterms: How much could change for oil markets?
Could a shift in Congress reshape oil policy or just intensify the scrutiny? The US midterm elections are just around the corner, with all 435 House seats and…
- Oil Markets
Russian diesel returns: Relief for tight European market?
The resumption of Russian diesel exports could bring some relief to a constrained European market, but uncertainty remains high. This episode unpacks how the…
- Oil Markets
Bonus episode: India's upstream reforms aim to unlock the next phase of deepwater exploration
India is entering a pivotal phase in the development of its upstream oil and gas sector, with the government seeking to unlock the potential of deepwater and…
- Oil Markets
Atlantic Basin Rising: Venezuela, Brazil and the New Oil Growth Story
Latin America is becoming a critical engine of global oil supply growth. In this episode of the Platts Oil Markets Podcast, Jeff Mower is joined by…
- Oil Markets
Middle East supply concerns strengthen market for Russian oil
Prices for Russian crude strengthened in September, amid lower domestic production and Middle East supply concerns while Russia's refining sector continues to…
- Oil Markets
Asia eyes energy supply flexibility, shipping alternatives
Asia's energy markets are navigating a period defined by heightened geopolitical risk, vulnerable maritime chokepoints, shifting trade flows, and growing…
- Oil Markets
Geopolitics rattle European distillate markets, send prices soaring
Distillate prices are rising as escalating tensions in the Middle East and Russia inject fresh uncertainty into global energy markets. Join S&P Global Energy's…
- Oil Markets
Global diesel shortages squeeze the Americas
Diesel markets are entering their most stressful stretch of the year as record prices, thin inventories and disrupted supply flows collide across the Americas…
- Oil Markets
Naphtha's post-Hormuz reality: tight supply, wide arbs and a bullish gasoline pull
Middle East export disruptions, soaring gasoline demand and shifting trade flows have reshaped global naphtha markets over the past six months. Join Gary…
- Oil Markets
APPEC to focus on Asia's energy resilience, vulnerability in a fragmented market
Energy markets are once again being tested by geopolitics. With fragile shipping routes and shifting trade patterns, energy security has returned to the top of…
- Oil Markets
Regional bottlenecks and strong product margins boost European gasoline prices
As summer driving reaches its seasonal peak, European gasoline production faces challenging chokepoints amid broader macro trends reshaping supply and demand…
- Oil Markets
Oil earnings divide: Producers grow, refiners thrive
North American oil companies delivered a striking second-quarter earnings season. Upstream producers raised output guidance while maintaining capital…
- Oil Markets
When the river runs dry: how low Rhine water levels are reshaping Europe's oil market
The Rhine River is one of Europe's most important trade arteries, carrying diesel, gasoil, and other refined products from the Amsterdam-Rotterdam-Antwerp hub…
- Oil Markets
Diesel supply constraints impact flows to Brazil
Diesel prices have soared, driven by supply constraints through the Strait of Hormuz and by the ongoing war between Russia and Ukraine. Ukraine has been able…
- Oil Markets
Asian refined products markets in focus as Strait of Hormuz uncertainty returns
Renewed tensions surrounding the Strait of Hormuz have refocused attention on supply security, freight costs and export flows across Asian refined products…
- Oil Markets
How have plummeting Russian diesel exports affected cracks across the European middle distillates space?
The announcement of a Russian ban on diesel exports following supply shortages at gas stations across the country has spurred cracks to widen significantly in…
- Oil Markets
US oil and gas M&A activity slows despite high prices and favorable regulatory regime
Aside from a handful of high-profile deals, merger and acquisition activity in the US oil and gas sector has been tepid in recent months even as war in the…
- Oil Markets
How have European fuel oil markets responded to the Middle Eastern conflict?
The effective closure of the Strait of Hormuz following escalating tensions in the Middle East sent European fuel oil imports from the Gulf plummeting 95% in…
- Oil Markets
Chokepoint geopolitics: Implications for Asia's downstream and upstream sectors
Asia's energy security has always rested on a difficult bargain -- deep reliance on Middle Eastern crude in exchange for scale, proximity and established…
- Oil Markets
How is Europe dealing with its seasonal uptick in road fuel appetite?
As summer travel is getting into its stride, European supply chains for diesel and gasoline are geared to meet the seasonal uptick in road fuel demand…
- Oil Markets
Hormuz Headwinds an Opportunity for Latin American Oil Producers
With Strait of Hormuz constraints reshaping global supply routes, Latin America is stepping into the spotlight. In this episode, Jeff Mower, Kate Winston…
- Oil Markets
How European crude became oversupplied amid deep supply crisis
The global crude oil market continues to see disrupted exports from the Middle East. Yet, with soft Asian demand and the release of strategic reserves around…
- Oil Markets
Tighter routes: How Hormuz disruption is reshaping Asian jet fuel markets
The disruption to flows through the Strait of Hormuz is rapidly reshaping the Asian jet fuel market at a critical juncture, just as seasonal demand accelerates…
- Oil Markets
The global LPG divide: Why Europe and Asia are moving in opposite directions
European and Asian LPG fundamentals have sharply diverged following the disruption to flows through the Strait of Hormuz in late February and early March. The…
- Oil Markets
US exports hit record high as Middle East war blocks Persian Gulf supply
US crude exports have hit record high in April as buyers looked far afield to replace barrels that have been blocked by the Middle East war and the effective…
- Oil Markets
Bonus episode: Hedging through the storm - can India's Dated Brent contract reshape risk landscape?
India's crude imports are climbing, not just in volume, but in complexity. As the country widens its pool of suppliers, it is also exposing itself to a more…
- Oil Markets
European middle distillate flows shift on Persian Gulf supply constraints
With more than two months having passed since the beginning of the war in the Middle East, a conflict that has tightened refined oil product flows through the…
- Oil Markets
Service company earnings: Infrastructure shifts, e-fleets, and Latin American growth
In this episode of the Oil Markets Podcast from S&P Global Energy, host Jeff Mower dives into first-quarter earnings from major oil and gas service companies…
- Oil Markets
From Hormuz to Asia: the ripple effects on oil trade, prices, and economies
The conflict in the Middle East has sent ripples across the global energy landscape, with the spotlight on the Strait of Hormuz -- the critical artery for…
- Oil Markets
Atlantic physical crude dynamics following Dated Brent's all-time high
Dated Brent's record high assessment by Platts of $144.42/barrel stole the headlines on April 7, but physical market fundamentals in the Atlantic basin have…
- Oil Markets
Hormuz chokepoint: Global scramble for diesel supply
As traffic inches back through the Strait of Hormuz, oil and product flows remain constrained, sending buyers scrambling to replace Middle East barrels and…
- Oil Markets
Nigeria's Dangote refinery takes spotlight amid Middle East conflict
As the conflict in the Middle East has raised the specter of global fuel shortages, Nigeria's new Dangote refinery has attracted growing attention as an…
- Oil Markets
CERAWEEK 2026: With Hormuz shut, who fills the gap?
From CERAWEEK 2026 in Houston, host Jeff Mower, Director of Americas Oil News, is joined by Senior Upstream Editor Ashok Dutta, oil news editor Binish Azhar…
- Oil Markets
Strait of Hormuz uncertainty, Asia's LPG scramble as Middle East flows stall
Tensions between US-Israel and Iran are disrupting flows in the Strait of Hormuz, forcing Asia's LPG market to manage surging prices and shifting optimization…
- Oil Markets
Europe's jet fuel prices rally to record highs on Persian Gulf shut-in
Benchmark jet fuel assessments by Platts have reached all-time highs on the back of war in the Middle East. With vital middle distillate supplies locked in the…
- Oil Markets
War, Hormuz and the Fuel Price Shock
After US and Israeli strikes on Iran and the closure of the Strait of Hormuz, oil markets have been on a rollercoaster. While crude has rallied above $100/b…
- Oil Markets
Crude and oil products markets shaken by major conflict in the Middle East
US and Israeli strikes on Iran since Feb. 28 have led to a major regional conflict, which has rocked geopolitics and resonated across the global oil supply…
- Oil Markets
Asian refiners weigh impact on crude flows from geopolitical developments
The outlook for Russian and Venezuelan crude flows, as well as geopolitical developments in Iran, are keeping Asian refiners on edge. Indian refineries have…
- Oil Markets
Dissecting the oil market headlines from London's IE Week
Geopolitics and its impact on pricing and trade flows were the talk of the town as oil market participants convened in the cobbled streets of London across…
- Oil Markets
Upstream Ambitions, Refining Resilience: What Earnings Season Signals for 2026
In this episode of the Oil Markets Podcast by S&P Global Energy, host Jeff Mower, Director of Americas Oil News, is joined by Senior Refining Editor Janet…
- Oil Markets
EU sanctions reshape Europe's refined product flows
Europe's dependence on imported middle distillates is in sharper focus after the EU's 18th sanctions package halted imports of refined products processed from…
- Oil Markets
Forced flows: How new European sanctions are reshaping Asian gasoil and jet fuel markets
Tighter European sanctions targeting refined products made from Russian crude are accelerating shifts in global middle distillate trade flows, with Asia…
- Oil Markets
Dated Brent rallies but price reversal on the cards
Dated Brent differential soars to three-year high amid a supply crunch driven by disrupted flows of Kazakhstan's CPC Blend crude. However, market participants…
- Oil Markets
Venezuela Reopened? Trump, Sanctions, and the Heavy Crude Shock
A sudden shift in US policy has put Venezuela back at the center of global oil markets. US and international oil executives are striking different tones on…
- Oil Markets
Sanctions, tariffs and shifting trade flows: a look at global oil markets in 2026
Sweeping changes to crude and product flows following sanctions and tariffs, shipping disruptions and questions surrounding China's demand outlook—oil markets…
- Oil Markets
Uncertainty around WAF government policy and expected refinery maintenance sees European gasoline markets rally
In the winter months, demand for gasoline in Europe softens, and stocks in the Amsterdam-Rotterdam-Antwerp hub begin to thicken. But recent developments in…
- Oil Markets
The roadmap for the energy sector as it embraces AI
The adoption of AI among energy and shipping companies is growing steadily. While it's helping to cut operational costs, boost productivity, and reduce…
- Oil Markets
Crude markets react to firm freight rates and Atlantic oversupply
Physical differentials in the North Sea crude market and wider Atlantic basin have reached multiyear lows amid high freight rates and market length in the…
- Oil Markets
Fleet constraints, rising rates
Global tanker markets are riding high as shipowners post strong third-quarter earnings amid bullish forecasts. What's driving the surge in day rates? Why are…
- Oil Markets
The final countdown: Europe readies for full Russian LPG ban
Europe's 19th sanctions package has promised to shut the door on the last remaining flows of Russian energy still trading into the region, including butane and…
- Oil Markets
Low prices, high stakes in the Caribbean
The US has ramped up its naval presence in the Caribbean, following several strikes against suspected drug smuggling vessels off the coast of major oil…
- Oil Markets
With winter approaching, Asian diesel and jet fuel markets react
In this Oil Markets podcast, we discuss the outlook for diesel and jet fuel/kerosene demand in Asia in the fourth quarter of 2025. This period is always…
- Oil Markets
Kirkuk crude resurgence: Navigating new trade dynamics
Following the resumption of Kirkuk crude exports on September 27, 2025, the oil markets are poised for significant shifts. This development marks a crucial…
- Oil Markets
High sulfur fuel oil prices get a boost from rising US crude exports
A jump in US crude exports has helped to boost prices for high sulfur fuel oil, supplies of which are currently tight. What is driving demand for US crude to…
- Oil Markets
EU sanctions package on Russian oil set to reshape European diesel and jet trade flows
With European imports of products refined from Russian crude oil set to be banned in the beginning of 2026, the spotlight is on exporters such as India and…
- Oil Markets
Insights from APPEC 2025 on China's oil demand and global shipping
In the wake of APPEC 2025, China's evolving oil demand and the impact on global shipping markets are in the spotlight. With China's oil consumption slowing and…
- Oil Markets
What impact is Dangote's ramp-up having on the global fuel oil market?
Dangote's RFCC outage has added additional length to the global fuel oil market, with Singapore blending significant volumes of feedstocks into their very low…
- Oil Markets
Seasonal gasoline transition in US shapes refining strategies, blendstock trade
As the US transitions to higher-volatility gasoline grades, refiners are adjusting their strategies to balance supply and demand amid seasonal maintenance and…