In this episode of Sparta Market Outlook, Rachel, Neil, and Phil break down why traders can stay bullish despite oil market volatility. They cover rising geopolitical risk premiums, the potential North Sea crude rebound, and why distillates and gasoline are primed to rally. With China’s demand ticking up and refining margins set to firm, the team delivers insights to help traders cut through the noise and seize opportunities.
📌 Key Takeaways:
🔹 Chase Volatility from Geopolitics: Trade the risk premiums popping up in flat prices and gas oil cracks because tensions in the Middle East and U.S.-Iran talks are keeping markets jittery and overreactive.
🔹 Buy Low, Sell High on Crude: North Sea crude is still due a correction with Asian arbs closed and WTI landing very cheap into NWE—timing is everything.
🔹Ride the Distillate and Gasoline Surge: Lean into diesel, and EBOB trades because supply tightness and arbitrage signals are set to push cracks higher.
🔹 Bet on Margin Rebounds: Position for stronger Q2 refining margins since cracks are lagging the real supply-demand story—get ahead of the curve as maintenance wraps up.
🔹 Play China’s Demand Uptick: Tilt toward sour crude trades because China’s ramping runs and import signals are quietly tightening the market—strike while the iron’s hot.
Listen now on Spotify & all major platforms! 🎧📊
