8 min listen
How are crude prices reacting to a lengthening Atlantic Basin market?
FromOil Markets
ratings:
Length:
13 minutes
Released:
May 16, 2024
Format:
Podcast episode
Description
As European refineries return from seasonal maintenance, ample prompt supply in the North Sea, Mediterranean and West African crude markets suggests that the demand side of the equation remains firmly in the red. Joel Hanley is joined by crude editors Sam Angell, George Delaney and Joey Daly to discuss the implications of a crude-saturated Atlantic basin for prices in the major oil markets west of Suez. Links: Dated Brent PCAAS00 WTI Midland CIF Rotterdam vs Fwd Dated Brent $/bbl WMCRB00 Bonny Light FOB Nigeria London vs WAF Dtd Strip AAGXL00 Azeri Light CIF Augusta vs BTC Dtd Strip AAHPM00 WTI Midland CIF Rotterdam crude differentials plunge to weakest value since October 2021 Nigeria Bonny Light crude value falls to 5-month low: Platts assessment
Released:
May 16, 2024
Format:
Podcast episode
Titles in the series (100)
European oil storage: Interview with Niels von Hombracht: Niels von Hombracht, a specialist in the field of the storage and logistics of crude oil, petroleum products and chemicals, discusses with John Kingston, Platts news director, the most pressing issue for the oil storage market and trends driving storage by Oil Markets