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Philip Jones-Lux

Distillate, Oil Market Commentary

Flat-price collapse aside, diesel markets struggling to show any strong direction

Philip Jones-LuxMarch 16, 2023 9:53 amMarch 16, 20230 Comments
Gasoline, Oil Market Commentary

Prompt European strength continues but gas-nap remains wide

Philip Jones-LuxMarch 6, 2023 4:05 pmMarch 6, 20230 Comments
Distillate, Oil Market Commentary

Barrels being pushed into Rotterdam in the prompt as Russian displacement begins

Philip Jones-LuxFebruary 23, 2023 1:23 pmFebruary 23, 20230 Comments
Distillate, Oil Market Commentary

Market likely at a bottom as new dynamics being established

Philip Jones-LuxFebruary 15, 2023 4:02 pmFebruary 15, 20230 Comments
Distillate, Oil Market Commentary

Damp squib sanctions bring sell-off, continued status quo – for now

Philip Jones-LuxFebruary 10, 2023 9:50 amFebruary 10, 20230 Comments
Gasoline, Naphtha, Oil Market Commentary

Market coming off hard, but European Mogas comparatively well-supported

Philip Jones-LuxFebruary 7, 2023 11:00 amFebruary 7, 20230 Comments
Distillate, Oil Market Commentary

Wind blown from the sails as Europe remains well supplied

Philip Jones-LuxFebruary 1, 2023 2:24 pmFebruary 1, 20230 Comments
Gasoline, Naphtha, Oil Market Commentary

Bullish overtones continue as gasoline market looks to spring

Philip Jones-LuxJanuary 30, 2023 2:36 pmJanuary 30, 20230 Comments
Distillate, Oil Market Commentary

Timespreads too steep, arb spreads too narrow 

Philip Jones-LuxJanuary 26, 2023 3:54 pmJanuary 26, 20230 Comments
Distillate, Oil Market Commentary

First glimmers of a return to European diesel pull

Philip Jones-LuxJanuary 18, 2023 4:04 pmJanuary 18, 20230 Comments

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RECENT POSTS

  • ICE GO Spreads remain highly backward as French refinery and port strikes intensify 
  • Short and mid-term consequences of the French strike
  • French refineries move into 15th day of strike action
  • Bearish macro… bullish fundamentals
  • Flat-price collapse aside, diesel markets struggling to show any strong direction

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