How would sanctions against Russia impact European oil markets?

02/03/22 • 15 min

While diplomatic talks between the US and Russia continue, questions are raised about what consequences, if any, would new economic sanctions have on Russia’s ample exports of crude oil and diesel to Europe. In this episode of the Oil Markets Podcast, S&P Global Platts editors Rowan Staden-Coats and David Lewis discuss with Rosemary Griffin and Francesco Di Salvo the state of play between Russia and the West and how big of a supply shock could sanctions cause to the international oil markets.

Previous Episode

The good, bad and the ugly for Asian oil markets in 2022

There is growing optimism that 2022 will turn out to be the strongest year for Asian oil demand since the outbreak of COVID-19 more than two years ago.

With consumption patterns looking increasingly resilient in top consumers China and India, demand may finally be on a sustained upward trend after a long period of uneven growth.

But the market will be looking for answers to some key questions. Will Asia’s oil demand in 2022 rise above 2019 level despite the emergence of omicron? Can high oil prices create hurdles for demand recovery? And finally, what's in store for oil as Asia speeds up efforts to embrace the energy transition process?

In a wide-ranging discussion with S&P Global Platts Asia Energy Editor Sambit Mohanty, Global Head of Oil Markets Vera Blei and Asia Head of Content Calvin Lee share their insights on some of the top themes for Asian oil markets in 2022.

Next Episode

US octanes see bearish expectations on premium grade blending

While not always at the forefront of the market, low RVP, high octane blendstocks such as alkylate and reformate are necessary blending components which can drive price movements and influence supply and demand dynamics - particularly ahead of the summer specs transition.

Shea McCord, Sarah Hernandez, and Anna Trier of the US Light Ends team sit down to discuss recent supply dynamics in the US octanes markets, and the impact those dynamics could have on building summer inventories and premium grades blending.

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