LIVE Feed

@PlattsOil: In this week's #PlattsMM Americas, presented by Nicole Baquerizo: • Cold weather, high demand pressure #gas #storage • Raging #power #demand set to decline late in week • #Container premiums fall ahead of LNY, Olympics • Bullish #coal, political tensions boost US #petcoke

/ COMMODITIES

Interactive: Global oil flow tracker

Russia’s war in Ukraine has triggered a major upheaval in the global oil markets, forcing Moscow to find alternative buyers...

/ COMMODITIES

Hero Image

 

Hero Image

 

Hero Image

 

Poll

How do you think renewable energy sources will impact the future demand for crude oil by 2050?

Unfortunately we encounter an issue. Please try again

Crude

Insights
Infographic: Ukraine invasion having profound impact on oil trade flows

Policies, politics and partings

After several great years, Capitol Crude is coming to an end. We want to thank all our listeners for tuning in and supporting us over the years. Going forward, you can find Jasmin and Kate contributing to other SP Global Commodity Insights podcasts, including Platts Oil MarketsCommodities Focus, and Future EnergyFor our last episode, American Petroleum Institute President and CEO Mike Sommers joined the podcast to give the rundown on the policies and rulemakings that could have the biggest impact on the oil sector. He also shared how the sector is coping with the elections frenzy and how who ends up in the White House for the next four years could shape the industry’s future.Related content:Gas, oil trade groups urge US DOE to rehear LNG pause decision (subscriber content)API hauls US Interior to court over five-year offshore oil, gas leasing program (subscriber content)Policy push for EVs sparks debate over pace of change among oil, clean energy groups (subscriber content)

LIVE Trending

Your gateway to LIVE experiences, expert insights, and interactive engagement, revolutionizing your newsletter experience.

What's next for oil following China's announcement of its 2024 targets?

Economic power-house China has set out 10 targets for 2024, which is pro-growth for oil demand, keen on energy security, and prioritizing accelerated industry modernization and development of new productive forces.In this episode of Platts Oil Markets podcast, Managing Editor for refined oil products, Wanda Wang has invited China experts Grace Lee, Asia analyst from the AltView team, Sijia Sun, Associate Director, China Oil Market, and Oceana Zhou, Oil Market Specialist, to discuss the oil-market related highlights following China’s "Two Session" meetings -- the biggest annual political gathering in the country, which happened over March 4-11.More listening options:

A North Sea tale: Diving into UK oil and the Dated Brent benchmark

Once a global powerhouse of crude production, the UK’s North Sea region saw its oil output decline accelerate to 12% in 2023, according to official data from the UK’s Department of Energy Security and Net Zero. The new figures come as the UAE’s Taqa revealed to SP Global Commodity Insights that it plans to cease production at the Cormorant oil fields in 2024, a key component of Brent grade.In this episode of the Platts Oil Markets podcast: Joel Hanley is joined by Nick Coleman, Senior Editor for Oil News, and Sam Angell, Senior Editor covering the North Sea crude market, to discuss the outlook for North Sea oil production and the latest developments surrounding the global oil benchmark Platts Dated Brent.Mentioned in the podcast: Infographic: Dated Brent February update  Continue viewing the infographics by subscribing to the SP Global Platts Connect. Email ci.support@spglobal.com to learn more and subscribe.More listening options:

The Inside Track X LEF: Justine Roure

Listen now as Justine Roure, VPStrategy PolicyOCCI discusses oil and gas pipeline initiative in the energy sector, the collaborative approach to decarbonization that the industry is taking, CCUS and more in this video from the London Energy Forum 2024

New crude on the block: OPEC+ reckons with non-OPEC growth

Led by the Americas, supply growth from non-OPEC countries fully met the growth in global oil demand in 2023. This balance, along with wars in the Middle East and Ukraine, U.S. elections in November, and changing shipping patterns weigh on the minds of oil strategists in 2024. Aaron Brady and Ha Nguyen join EnergyCents with hosts Hill Vaden and Sam Humphreys to share their thoughts on the biggest events that will shape oil markets in 2024.Learn more about SP Global Commodity Insights energy coverage at: https://www.spglobal.com/commodityinsights/enMore listening options:

Interactive: Middle East diesel exports to Europe

Changes in Middle East diesel flows to Europe as Russian products off-limitsThe Middle East is considered ripe to supply Europe with needed refined products such as diesel to replace Russian products placed under embargo by the EU on Feb. 5 in the wake of Russia’s invasion of Ukraine. The region has several new refineries able to help meet the demand, including Kuwait’s 615,000 b/d Al-Zour refinery and Oman’s 230,000 b/d Duqm plant. Related story: Middle East diesel exports to Europe slump on refinery disruptions, US supplies(Latest update: March 14, 2024)

LatAm shuffles the heavy sour oil deck in the Americas

Latin American crude production is on the rise, with countries like Brazil, Guyana and Argentina leading the way. However, Latin American heavy sour crude output is expected to decline, and flows will be reshuffled as Canada’s Trans Mountain crude pipeline expansion starts up and as operations begin at Pemex’s Olmeca refinery. Why is heavy sour crude output declining, and what does the output decline and reshuffling of barrels mean for crude prices? SPGCI's Americas oil news director Jeff Mower discusses these questions and more with oil research analysts Stephanie Rivera and Nick Blanco and crude pricing associate editorial director Beth BrownRegister for CERAWeekRegister for World Petrochemical ConferenceRelated content:Latin America Short-Term Outlook – Crude Oil (report)Liza FOB Guyana (price) Oriente FOB Esmeraldas (price) Western Canadian Select at Hardisty (price) More listening options:

Load all

Get the Most from LIVE

Related Content

Discover

Insights

When the competition is fast, you need to be faster. We're giving you access to the latest cross-commodity insight, ET intelligence and market-leading views, so you can stay on the pulse.

Discover

Assemble

Impact starts with inspiration. We're opening the door to live and on-demand virtual events and webinars so you can be part of the energy and commodities conversation, wherever you are in the world.

Discover

Community

It's not just what you know, it's who you know. We're inviting you to meet and mix with the world's best thinkers, so you can make game-changing industry connections on a global scale.

Discover

Markets

For members only, stay updated with exclusive price assessments daily commentary, heards and price charts for a curated selection of commodities. Plus, we're the home for S&P Global Commodity Insights Indices.