Rephonic
Artwork for Oil Markets
China
India
Dangote Refinery
Gasoline
Diesel
Russia
Jet Fuel
OPEC
Venezuela
Oil Demand
Saudi Arabia
West Africa
Strait Of Hormuz
Donald Trump
Ukraine
S&P Global Commodity Insights
Crude Oil
US Crude Exports
Electric Vehicles
United States

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

PublishesWeeklyEpisodes522Founded10 years ago
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Artwork for Oil Markets

Latest Episodes

With Strait of Hormuz constraints reshaping global supply routes, Latin America is stepping into the spotlight. In this episode, Jeff Mower, Kate Winston, Sheky Espejo and Charles Newbery unpack how producers across the region are positioned for upst... more

The global crude oil market continues to see disrupted exports from the Middle East. Yet, with soft Asian demand and the release of strategic reserves around the world, Europe now finds itself struggling to place excess crude oil barrels ahead of pea... more

The disruption to flows through the Strait of Hormuz is rapidly reshaping the Asian jet fuel market at a critical juncture, just as seasonal demand accelerates ahead of the peak summer travel period. As one of the world's most important energy chokep... more

European and Asian LPG fundamentals have sharply diverged following the disruption to flows through the Strait of Hormuz in late February and early March. The supply shock sent Asian propane prices sharply higher, tightened availability, and disrupte... more

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Recent Guests

Barbara Fernandez-Pita
Senior price reporter focusing on LPG
S&P Global Energy/Platts
Episode: The global LPG divide: Why Europe and Asia are moving in opposite directions
Lucas Casas
Crude oil price reporter
S&P Global Energy
Episode: US exports hit record high as Middle East war blocks Persian Gulf supply
Ashok Dutta
Oil market analyst focusing on midstream and upstream
S&P Global Energy
Episode: US exports hit record high as Middle East war blocks Persian Gulf supply
Gouri Shankar
Vice President for Product Strategy
National Stock Exchange of India
Episode: Bonus episode: Hedging through the storm - can India's Dated Brent contract reshape risk landscape?
John Morley
Global Head of Crude Oil Pricing
S&P Global
Episode: Bonus episode: Hedging through the storm - can India's Dated Brent contract reshape risk landscape?
David Neef
Oil price reporter based in London, discussing diesel and gas oil flows
S&P Global Energy
Episode: European middle distillate flows shift on Persian Gulf supply constraints
Atul Arya
Chief Energy Strategist at S&P Global Energy
S&P Global Energy
Episode: From Hormuz to Asia: the ripple effects on oil trade, prices, and economies
Dan Colover
Global Head of Oil and Chemical Markets Engagement at S&P Global
S&P Global
Episode: From Hormuz to Asia: the ripple effects on oil trade, prices, and economies
Vishrut Rana
Asia Pacific Senior Economist at S&P Global Ratings
S&P Global Ratings
Episode: From Hormuz to Asia: the ripple effects on oil trade, prices, and economies

Hosts

Jeff Mower
Host of the Oil Markets podcast
Sambit Mohanty
Host/Asia Energy Editor, S&P Global Energy
Ashok Dutta
Sierra Week oil reporting team member

Reviews

4.5 out of 5 stars from 108 ratings
  • Good but boring

    Amazing content. Quality and depth. But you will struggle to stay awake. MORE ENERGY GUYS!!!!

    Apple Podcasts
    4
    Efejot27
    United States8 months ago
  • Opinion

    Good interviews

    Apple Podcasts
    4
    gustavo106
    Brazil4 years ago
  • Please Improve Sound Quality

    Please please please fix and improve your sound quality. The information is extremely valuable but is very difficult to follow due to the sound quality.

    Apple Podcasts
    4
    JGauthier22
    United States6 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Excellent interviews with market-focused guests and actionable insights.
Sound quality could be improved for easier listening, despite valuable information.
Listener feedback notes strong content and depth but suggest higher energy/pace in delivery.

Chart Rankings

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Talking Points

Recent interactions between the hosts and their guests.

Tighter routes: How Hormuz disruption is reshaping Asian jet fuel markets
Q: How was this disruption reflected across key pricing benchmarks, including Forbes Arab Gulf or Forbes Singapore?
Forbes Singapore Jet Fuel pricing showed the strongest impact, with a peak cash premium around $40/bbl, while Platts Singapore cash differentials have cooled back toward pre-war levels, with some Korean cargoes trading at single-digit premiums, suggesting ongoing but easing pressure.
The global LPG divide: Why Europe and Asia are moving in opposite directions
Q: How are freight costs and channel constraints affecting US exports and regional arbitrage for LPG?
Freight rates to Asia are at all-time highs, keeping US barrels in the Atlantic basin and making Asia less attractive, leading traders to favor longer routes or keep supplies closer to Europe.
The global LPG divide: Why Europe and Asia are moving in opposite directions
Q: What has been the impact on European LPG markets versus Asia?
Europe has seen AR A propane prices ease relative to Asia due to continued US propane availability and strong US exports, while Asia faces tighter supply and higher freight costs, affecting arbitrage dynamics.
The global LPG divide: Why Europe and Asia are moving in opposite directions
Q: How has the war in the Middle East and Strait of Hormuz disruptions affected prices, particularly in Asia?
Prices in South China rose sharply, with propane CFR prices up about 73% from pre-war levels to March, though they have since retreated somewhat but remain well above pre-war levels.
The global LPG divide: Why Europe and Asia are moving in opposite directions
Q: What are the main supply centers for propane and the main demand centers for propane under current conditions?
Barbara explains that Asia remains the dominant demand hub, with Arab Gulf and US as key supply sources, while Europe imports LPG for blending and petrochemicals but relies more on US propane due to abundant US supply.

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Frequently Asked Questions About Oil Markets

What is Oil Markets about and what kind of topics does it cover?

The show focuses on global oil and refined products markets, with intensive coverage of geopolitics, trade flows, and benchmark dynamics that move prices worldwide. Recent episodes highlight Strait of Hormuz disruptions, Middle East risk, and their ripple effects on LPG, diesel, jet fuel, and crude differentials across regions like Asia, Europe, and the Americas. Hosts frequently pair market color with technical analysis of benchmarks, arbitrage opportunities, and shipping/freight considerations, often featuring practitioners who translate complex price signals into actionable insights for traders, refiners, and policymakers. A notable strength is its depth of regional context (Asia, Europe, West Africa, Americas) combined with benchmark cr... more

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Which podcasts are similar to Oil Markets?

These podcasts share a similar audience with Oil Markets:

1. Oil and Gas This Week
2. Oil Ground Up
3. The HC Commodities Podcast
4. At Any Rate
5. Columbia Energy Exchange

How many episodes of Oil Markets are there?

Oil Markets launched 10 years ago and published 522 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Oil Markets?

Recent guests on Oil Markets include:

1. Barbara Fernandez-Pita
2. Lucas Casas
3. Ashok Dutta
4. Gouri Shankar
5. John Morley
6. David Neef
7. Atul Arya
8. Dan Colover

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