Podcast: Geopolitical tensions and market dynamics: Impact on oil prices, OPEC moves, and global risks

In the second episode of Sparta Market Outlook, Sparta CEO Felipe Elink Schuurman is joined by Samantha Hartke (Head of Clean Products) and Neil Crosby (AVP for Oil Analytics) 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.

In this episode:

• Geopolitical overview and impact: Discussion on significant geopolitical events, including the Israeli conflict, developments in Libya, and OPEC’s recent announcements
• Libya’s situation: Detailed examination of Libya’s internal challenges, such as the potential impact on oil exports and changes in central bank leadership, and their implications for the oil market
• Economic data from China: Insights into the negative economic data from China and its potential effects on global crude demand
• Refinery margins: Discussion on the deteriorating refinery margins and their possible impact on crude demand and product supply during the turnaround season