Market Outlook
All our intelligence, in one place. Real-time signals, analyst briefs, commentary, chart packs, whitepapers, podcasts and Sparta Labs research, filtered to the markets you cover.
Deep diveFreight

USGC Market Report

USGC MR vessel supply in the seven-day ahead window is tight at just five ships against a 90-day moving average of 14. Incremental cargo demand has jumped from +2 to +7 vessels, placing both inputs

Read more
Cross BarrelCrudeDistillateFreightFuel OilGasolineJetNaphtha
Analyst briefsChart packsDeep divesEventsOpinionsPodcastsPressWebinarsWhitepapers
Analyst Briefs
  • New
  • Cross Barrel

AG Cross Barrel – Pricing Analyst Update – 1st-5th June

05 JUN 26 - 06:58

  • New
  • Freight

TD20 vessel supply overhang eases as Bonny Light turns mildly competitive and WAF Suezmaxes remain undervalued

04 JUN 26 - 09:58

  • New
  • Fuel Oil

Asia Fuel Oil – Pricing Analyst Update – 1-5 June

04 JUN 26 - 09:44

  • New
  • Distillate

Diesel E/W: Asia still needs barrels, but July upside looks capped by WCI response

04 JUN 26 - 08:40

View all
Deep Dives
  • New
  • Freight

USGC Market Report

TC14 rates push to WS 280 as prompt list tightens and FSD model fundamentals catch up with market nuances.

05 JUN 26 - 12:53

  • New
  • Naphtha

Where is the floor?

Naphtha extends free fall as cracks and timespreads hit conflict-era lows.

05 JUN 26 - 11:32

  • New
  • Distillate

Closed arbs into Europe should put a ceiling in both the HOGO & GO E/W and a floor in EU jet pricing

All diesel and jet arbs close or point away from Europe.

04 JUN 26 - 08:23

View all
Chart Packs
  • Cross Barrel

Europe Chart Pack May 2026

29 MAY 26 - 14:41

  • Cross Barrel
  • Naphtha

Americas Chart Pack May 2026

22 MAY 26 - 12:33

  • Cross Barrel
  • Crude
  • Distillate
  • Freight
  • Fuel Oil
  • Gasoline
  • Naphtha

APAC Chart Pack May 2026

14 MAY 26 - 07:34

View all
View all

Podcast: Peace deal merry-go-round continues.

04 JUN 26 | 28 mins 00 secs

Podcast: Risk-off and short-term solvers, but it won’t last.

28 MAY 26 | 28 mins 00 secs

Podcast: The largest stock draw in history. Oil barely moved.

21 MAY 26 | 37 mins 01 secs

Podcast: No Iran deal yet. US stocks are draining. What breaks first?

13 MAY 26 | 48 mins 14 secs

Podcast: Iran talks spin. US diesel stocks are running out of runway.

07 MAY 26 | 33 mins 35 secs

Podcast: Asia absorbed the initial shock. Now the US is running dry

30 APR 26

Opinion View all
  • Cross Barrel

The Iran war and oil markets: the Hormuz question

The Iran war and oil markets: the Hormuz question Part 3 of a Series March 29, 2026 Felipe Elink...

30 MAR 26 - 07:59

  • Cross Barrel

The Iran war and oil markets: what comes next

16 MAR 26 - 09:21

subscribe_cta_image

Real time alerts, set to your specifications

Subscribe
Whitepapers View all

Trading Energy Futures Arbs-Driven ICE GO Futures Time Spread Forecasting

05 MAY 25 - 07:46

Trading Energy Futures: Arbs-driven EBOB spread forecasting

24 MAR 25 - 10:55

View all

Sparta’s in town for CERA week

Houston | March 23, 2026

From Data to Decisions: How Databento and Sparta are Transforming Commodity Markets

Online | July 8, 2025

Cutting Through the Noise: The challenge in accessing real-time pricing

Online | April 29, 2025

Fuel Oil Focus: Cracks, refinery margins, and debunking ECA myths

Online | March 12, 2025

Winter Webinar 2024: All change in the European gasoline market in 2025

On - Demand Webinar | December 10, 2024

Autumn Webinar 2024: Unlocking Freight Demand – The Next Step in Shipping

On-demand webinar | October 9, 2024

Webinars View all
  • Cross Barrel

Sparta Insights Webinar: 2026 outlook for the oil market

Catch our first webinar of the year where Sparta experts Neil Crosby, Michael Ryan, June Goh and James Noel-Beswick dove into the key trends shaping the oil markets in 2026, with more OPEC, Atlantic Basin and Venezuelan barrels reshaping diffs and supporting complex refining margins amid limited new capacity and US West Coast tightening.

29 APR 26 - 13:43

  • Cross Barrel

Sparta Insights Webinar: 11 trades to watch on the Iran conflict

Sparta Insights Webinar: 11 trades to watch on the Iran conflict Neil Crosby, Jorge Molinero and...

29 JAN 26 - 11:55

Press View all

Gulf attacks threaten the ceasefire

  • Crude

28 MAY 26 - 10:17

Baton Rouge to Melbourne: Iran war and rising prices upend jet fuel trade

  • Distillate

28 MAY 26 - 07:20

Oil falls 7% on peace hopes: the supply gap won’t close that fast

  • Crude

26 MAY 26 - 13:37

Oil prices fall amid mixed signals on US-Iran peace deal

25 MAY 26 - 07:31

View all
spartacommo Sparta @spartacommo ·
3 Jun

Open Sparta. Your forward curve is there. Your live margin is there. Now, your Platts assessment is there too.

The physical benchmark next to your curve structure and your arb.

See where physical pricing sits against your view of the market. Validate the position. Act.

Reply on Twitter 2062084425039360199 Retweet on Twitter 2062084425039360199 Like on Twitter 2062084425039360199 X 2062084425039360199
spartacommo Sparta @spartacommo ·
2 Jun

The Sparta freight supply & demand model says USGC MR rates should be falling. The market disagrees.

Tonnage remains long at 17 open MRs vs a 90-day avg of 14, and the FSD model forecasts softening to WS 223. WS 255 is now on subs though. Sentiment has shifted and charterers are

Reply on Twitter 2061792843773907262 Retweet on Twitter 2061792843773907262 Like on Twitter 2061792843773907262 5 X 2061792843773907262
subscribe_cta_image

Real time alerts, set to your specifications

Subscribe