• 15 August 2024: Decline in global diesel cracks, bearish signals in the crude market

  • Aug 15 2024
  • Length: 29 mins
  • Podcast

15 August 2024: Decline in global diesel cracks, bearish signals in the crude market

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  • Summary

  • For more information about Sparta, visit www.spartacommodities.com

    In the first episode of Sparta Market Outlook, Sparta CEO Felipe Elink Schuurman is joined by Samantha Hartke (Head of Clean Products), Neil Crosby (AVP for Oil Analytics), and James Noel Beswick (Commodity Owner for Middle Distillates) for an in-depth cross-barrel analysis of current trends and future expectations for the oil market, with a focus on understanding both the supply and demand dynamics at play.

    Key topics discussed include:

      • The decline in global diesel cracks since March due to new refinery additions and a lull in the freight market
      • The divergence between gasoline and naphtha markets
      • Bearish signals in the crude physical market and how geopolitical factors and macroeconomic sentiment could cause sudden shifts in the market
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Economics
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