Asian refiners may be the surprise winners of fresh fuels crunch
“Asia has been comfortably supplied with crude for the past month and refineries have cranked up to max intake to capitalize on strong product cracks. — June Goh, Senior Oil Analyst at Sparta Commodities
- Expert: June Goh (Senior Oil Analyst, Sparta)
- Publication: Bloomberg
- Market Focus: Crude Oil, Refined Products (Diesel, Jet Fuel, Gasoline), Refining Margins
- Geographies: Asia, India, China, Europe
In a recent analysis for Bloomberg, Sparta’s Senior Oil Analyst, June Goh, highlights how Asian refiners are positioned to fill the gap left by tightening fuel markets in Europe and the US, having run at max crude intake to capture strong product cracks. Exports to the West hinge on freight economics turning favourable and governments holding off on new export curbs, of the kind India, China and others imposed earlier in the conflict. Goh also warns the picture could flip within weeks, as renewed Strait of Hormuz disruption threatens the crude-arrival programs refiners are currently counting on. Traders should watch freight rates, Asian export policy shifts and Hormuz flow disruptions closely, as any of the three could reverse the current export window.
About the Author
June Goh | Senior Oil Analyst, Sparta Commodities
June is a senior oil market analyst at Sparta specialising in global crude trade flows and refining economics across Asia and Europe. Her analysis is regularly cited by Bloomberg, the Financial Times, and Reuters. With a significant following in the energy community on X (@JuneGoh_Sparta), June’s insights are a staple for institutional traders navigating regional market shifts.
Connect: LinkedIn / X
About Sparta
Sparta is a live, market intelligence and forecasting platform that enables oil traders, refiners, banks, hedge funds and wholesalers to have access to real-time and global actionable insights to capture market opportunities before others.
To find out how Sparta can allow you to make smarter trading decisions, faster, contact us for a demonstration at sales@spartacommodites.com
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