In this episode of the Sparta Market Outlook Podcast, the team dives into the recent oil market rebound spurred by a 90-day US-China tariff reprieve, analyzing its impact on light ends, crude, and middle distillates. They explore how LPG and naphtha markets are stabilising, the bearish pressures on gasoline despite open arbitrages, and a cautiously bullish outlook on crude driven by tightening US stocks and OPEC dynamics. The discussion also covers middle distillates, noting a tactical rebound in diesel and jet fuel amid shifting global flows, while emphasizing the need to monitor fundamentals for potential volatility as trade negotiations unfold.
Key Takeaways:
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How the US-China tariff pause is reshaping LPG and naphtha markets—will the recovery hold?
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Why gasoline arbitrages are open but failing to tighten inventories—what’s driving the disconnect?
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Crude’s bullish signals: Are US stock draws and OPEC’s moves setting the stage for a stronger market?
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Middle distillates in focus: Can diesel and jet fuel sustain their short-term rebound amid rising global runs?
Listen now on Spotify & all major platforms! 🎧📊
