In this episode of Sparta Market Outlook, host Felipe Elink Schuurman and analysts Neil Crosby, June Goh, and Jorge Molinero analyse the oil market’s reaction to tariff announcements, including a $15 flat price drop and significant LPG disruptions. They explore how physical markets—crude, diesel, and gasoline—have held steady despite the noise, while naphtha and LPG face bearish pressures tied to China specifically and the petrochemical market. The team debates short-term trading opportunities, like locking in refining margins, and mid-term scenarios, from OPEC strategy to demand shocks, offering traders a clearer path through the chaos.
📌 Key Takeaways:
🔷 Tariff shockwave: While flat prices plummet $15 and financial markets are in chaos, the physical oil market has come through relatively unscathed for now.
🔷 LPG’s big hit: How are tariffs reshaping China’s LPG imports and, and what’s the ripple effect on the petchem industry?
🔷 Physical market resilience: Discover why product markets are largely holding firm despite the volatility.
🔷 Naphtha’s weak spot: Will naphtha’s bearish slide last in the short-term?
🔷 Oil balancing factors: Which oil producers are most reactive to price as the tariff story unfolds?
🔷 Refining margins: Do low pump prices and steady demand create short-term opportunities?
Listen now on Spotify & all major platforms! 🎧📊
