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

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

PublishesWeeklyEpisodes538Founded10 years ago
Number of ListenersCategories
InvestingBusinessBusiness NewsNews

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Artwork for Oil Markets

Latest Episodes

Prices for Russian crude strengthened in September, amid lower domestic production and Middle East supply concerns while Russia's refining sector continues to face major challenges as a result of Ukrainian attacks. Russia has extended its diesel expo... more

Asia's energy markets are navigating a period defined by heightened geopolitical risk, vulnerable maritime chokepoints, shifting trade flows, and growing uncertainty over supply security. With APPEC 2026 concluding earlier in September, discussions a... more

Distillate prices are rising as escalating tensions in the Middle East and Russia inject fresh uncertainty into global energy markets. Join S&P Global Energy's Gary Clark, associate director, price reporting, alongside reporters Sophia Aung and Aruni... more

Diesel markets are entering their most stressful stretch of the year as record prices, thin inventories and disrupted supply flows collide across the Americas. In this episode of the Oil Markets Podcast, Jeff Mower speaks with Janet McGurty, Kauanna ... more

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Recent Guests

Bao Ying Ng
Global Director for Strategic Engagement
S&P Global Energy
Episode: Asia eyes energy supply flexibility, shipping alternatives
Jonathan Nonis
Associate Editorial Director for Asian Oil Products Markets
S&P Global
Episode: Asia eyes energy supply flexibility, shipping alternatives
Janet McGurty
S&P Global Energy Senior Editor
S&P Global Energy
Episode: Global diesel shortages squeeze the Americas
Kauanna Navarro
Latin American Refined Products Editor
S&P Global Energy
Episode: Global diesel shortages squeeze the Americas
Carlos Castillo
Latin American Refined Products Editor
S&P Global Energy
Episode: Global diesel shortages squeeze the Americas
Debangsu Ray
President of Clustof and head of Reliance's Jamnagar Refinery
Reliance Industries
Episode: APPEC to focus on Asia's energy resilience, vulnerability in a fragmented market
Vera Blei
Head of Platts
Platts (S&P Global)
Episode: APPEC to focus on Asia's energy resilience, vulnerability in a fragmented market
Calvin Lee
Head of Asia Content
S&P Global Energy
Episode: Chokepoint geopolitics: Implications for Asia's downstream and upstream sectors
Nick Sharma
Head of Global Upstream Insights
S&P Global Energy
Episode: Chokepoint geopolitics: Implications for Asia's downstream and upstream sectors

Host

Gary Clark
Host of the Platts Oil Markets podcast; S&P Global Energy.

Reviews

4.5 out of 5 stars from 111 ratings
  • Can be better

    Hosts and panellists are reading. The interactions should be a bit more organic

    Apple Podcasts
    3
    HKA2018
    United Kingdom4 months ago
  • Good but boring

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

    Apple Podcasts
    4
    Efejot27
    United Statesa year 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.

Some guests feel the delivery is a bit formal and could be more conversational.
Sound quality needs improvement for easier listening.
Valuable content with depth, but energy level could be higher.
Strong interviews; good coverage of market dynamics.

Chart Rankings

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Talking Points

Recent interactions between the hosts and their guests.

Asia eyes energy supply flexibility, shipping alternatives
Q: How are market participants balancing term contracts with spot purchases in this uncertain environment?
Jonathan Nonis outlines that while term contracts remain important for security, there is a growing emphasis on flexibility and spot signals, with many buyers pursuing shorter-duration arrangements and blended strategies to retain optionality.
Asia eyes energy supply flexibility, shipping alternatives
Q: You were one of the chairs at this year's APEC Oil Conference. What were the key themes that emerged?
Bao Ying Ng explains that resilience and optionality dominated discussions, with emphasis on diversification, multiple sourcing, and flexible trading strategies to manage geopolitical risk, supply shocks, and shifting trade patterns.
Global diesel shortages squeeze the Americas
Q: So, how about, Janet, let's start with you, Janet. This is more of a global diesel shortage problem, right? It's not just a domestic problem here, although it's domestic for certain countries.
This looks like a global tightness driven by supply constraints from sanctions, refinery outages, and export dynamics, with regions like Europe and South America becoming heavily dependent on U.S. barrels, while demand remains strong in agriculture and trucking in the U.S. and Brazil.
Naphtha's post-Hormuz reality: tight supply, wide arbs and a bullish gasoline pull
Q: How do Rhine water levels affect Naphtha availability and petchems in Europe?
Persistently low Rhine levels have hampered movement and increased dead freight, leading to higher inventories in Amsterdam, Rotterdam, and Antwerp and reducing feedstock delivery to German and other European crackers.
Naphtha's post-Hormuz reality: tight supply, wide arbs and a bullish gasoline pull
Q: What is the current impact of the Hormuz disruption on European Naphtha flows?
European Naphtha flows have shifted with a dramatic drop in Middle East supply, pushing more material toward Europe and Asia but creating wide East-West spreads and higher delivered prices in Asia, while Europe experiences tightness and unique storage incentives.

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Frequently Asked Questions About Oil Markets

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

The series centers on global oil price movements, with deep dives into regional flows, geopolitical disruptions, and refinery dynamics that shape short- and medium-term pricing. Recent episodes highlight how chokepoints like the Rhine, Hormuz, and global sanctions impact Europe, Asia, and the Americas, including inland diesel premiums, shifts in jet and diesel cracks, and the evolving role of hedging tools and policy levers. A standout feature is its data-driven panel format, bringing together S&P Global Energy analysts and regional reporters to connect supply, demand, and transport constraints to price signals. The show frequently emphasizes logistics, arbitrage, and policy responses as key drivers of market behavior, making it especially ... 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. Macro Voices
5. Odd Lots

How many episodes of Oil Markets are there?

Oil Markets launched 10 years ago and published 538 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. Bao Ying Ng
2. Jonathan Nonis
3. Janet McGurty
4. Kauanna Navarro
5. Carlos Castillo
6. Debangsu Ray
7. Vera Blei
8. Calvin Lee

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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