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European oil markets after the Russian embargo (part 2)

European oil markets after the Russian embargo (part 2)

FromOil Markets


European oil markets after the Russian embargo (part 2)

FromOil Markets

ratings:
Length:
21 minutes
Released:
Aug 17, 2023
Format:
Podcast episode

Description

For many years, Russia was Europe's main supplier of key refined oil products until Western sanctions were imposed in February 2023. Six months into the embargo on Russian refined products, markets across the continent continue to adjust. Prices appear to be rising and shipping times have lengthened as European buyers find products further afield in India, the Middle East and the US Gulf Coast.  In the second of a special two-part Platts Oil Markets podcast retrospective, OPEC+ Oil News reporter Rosemary Griffin and Refined Oil Products Managers Gary Clark and Kieran Hess join Francesco Di Salvo to discuss how European oil markets have adapted to a "new normal" following one of the most consequential events in the geopolitics of oil in decades. Click here to listen to part 1 of this special retrospective. Related price assessments: AAVBG00 – ULSD 10ppm CIF NWE Cargo PAAAL00 – Naphtha CIF NWE Cargo PMAAS00 – Propane FOB ARA   S&P Commodity Insights APPEC is returning to Singapore this September 4-6. Save the date! Stay on top of our coverage of APPEC 2023 on our website.   We want to hear about your podcast preferences so we can keep improving our shows. Take our podcast survey here and share your thoughts: https://www.surveylegend.com/s/4xyz
Released:
Aug 17, 2023
Format:
Podcast episode

Titles in the series (100)

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