Oil Markets

Mar 06 2025 452 ep. 12 mins 225

Oil Markets Podcast artwork

S&P Global Commodity Insights analysis of key oil price movements across the globe.

Copy RSS

Subscribe on Podcast Addict

Trump tariffs highlight US refiner dependence on Mexico and Canada

Mar 06 2025 20 mins

New US tariffs on imports from Canada and Mexico are highlighting the dependence of US refiners and consumers on crude and refined products from both countries. Why is the US Atlantic Coast in particular exposed to the supply and price impacts of the tariffs? Who will eat the costs of tariffs on Canadian crude? Jeff Mower speaks with senior refining editor Janet McGurty and crude

India Energy Week shines spotlight on policies, diplomacy and supply strategy

Feb 27 2025 17 mins

India Energy Week brought together thought leaders, industry pioneers and curious minds from around the globe to discuss the future of energy in India and beyond. From shifting spotlight of oil producers towards India to the optimism around clean energy, such as hydrogen and biofuels, the event witnessed discussions and debates around India's current and future energy landscape. An

CPC pipeline damage and oil market implications amid ongoing Russia-Ukraine war

Feb 20 2025 15 mins

In what was the first direct hit from drone attacks on the Caspian Pipeline Consortium route since the onset of Russia's invasion of Ukraine in 2022, close to 1.5 million b/d of crude output from oil giant Kazakhstan has been brought into the spotlight. The development comes with an uptick in broader energy infrastructure attacks and against a backdrop of US and Russian talks over

Deal or no deal: Trump, Iran, Venezuela, and a million barrels of oil

Feb 13 2025 15 mins

Since his return to the US presidency, Donald Trump has launched a maximum-pressure campaign on Iran in pursuit of a nuclear deal, in sharp contrast with a more diplomatic approach towards Venezuela. How will these geopolitical strategies affect oil exports, spot markets, and the role of players like China on the global stage? Jeff Mower, Kate Winston, Chris van Moessner, and Pat

India Energy Week to seek answers on demand trajectory, oil diplomacy and upstream push

Feb 06 2025 25 mins

India's rapidly growing energy demand, the shifting focus of oil producers towards the country, and the transition to cleaner energy sources are key themes at India Energy Week. Delegates will seek insights on how Indian energy companies and policymakers can balance the reliance on traditional fuels with a new energy roadmap. In a comprehensive discussion, Dave Ernsberger, Co-Presi

Oil markets navigate Trump’s tough talk and tariffs

Feb 06 2025 14 mins

A fast-paced beginning to the second Trump presidency has sent ripples across financial and commodities markets globally with tough talk on sanctions and tariffs, in particular. Joel Hanley is joined by Thomas Washington and Herman Wang to dissect the impact US policy is having on oil and shipping markets and what OPEC+ make of Trump 2.0. Links: Register for London Energy Forum 20

New sanctions on tankers and implications for China and India's oil imports

Jan 31 2025 25 mins

The recent expansions of the US Office of Foreign Asset Control (OFAC) vessel sanction list have sent shockwaves throughout the tankers and crude oil markets, raising questions about potential shifts in crude import strategies for China and India. Market participants are closely monitoring the extent to which Iranian and Russian crude exports may be disrupted, how major importers l

Understanding the rise in Northwest European gasoline stocks

Jan 23 2025 10 mins

With European stockpiles of gasoline reaching uncharacteristically high levels in recent weeks, Joel Hanley is joined in this episode by Ernest Puey and Matthew Tracey-Cook. Together, they delve into the factors driving the incentive to store gasoline and explore the latest shifts in the product’s flows across the Atlantic Basin. Links: Platts 10ppm Premium AR barges - PGABM00 P

2025 opens with fire and ice for US refiners

Jan 16 2025 24 mins

US refiners have had a dramatic start to the new year, facing wintry blasts on the East Coast and devastating wildfires on the West Coast. Plummeting transportation fuel demand in Southern California, strong heating fuel demand in the Northeast, and cheap blending components in the Gulf Coast have created a balancing act for producers and shippers of gasoline and distillates -- and

Exploring the dynamics of Midland crude supply and Asian demand in the Atlantic market

Jan 09 2025 12 mins

High volumes of WTI Midland crude arrived in Europe in December, significantly impacting light sweet sentiment in both the North Sea and West African markets. As we enter the new year, a resurgence of demand from Asia is beginning to reshape the landscape. Joel Hanley is joined by Joey Daly and George Delaney to explore the effects of renewed Asian demand for Western barrels and re