Market Outlook
Podcast

Podcast: Decline in global diesel cracks, bearish signals in the crude market

Sparta Market Outlook - 15 August 2024.
Published15 AUG 24 - 15:05 Reading time  minutes

Listen now: https://www.spartacommodities.com/insights/navigating-crude-markets-q4-predictions-and-a-return-to-fundamentals/
In this episode of the Sparta Market Outlook podca

Felipe is joined by Neil Crosby, Jorge Molinero, and Phil Jones Lux to discuss the latest trends in the crude oil and refined products markets. The team revisits their earlier predictions for Q4, evaluating how recent geopolitical events, especially concerning Iran, have influenced market dynamics.

The team explores why gasoline has been outperforming diesel cracks, diverging from earlier expectations. The role of supply and demand dynamics, and how trends in stocks, freight rates, and arbitrage flows have shifted the landscape. Despite bullish signals for gasoline, the team remains cautious, noting potential pressure from bearish crude and distillate markets.
SUBSCRIBE:

Spotify: https://open.spotify.com/show/5kcdrcgO1uXQHL7FKLXGyz

Apple Podcasts: https://podcasts.apple.com/us/podcast/sparta-market-outlook/id1763066831

Amazon Music: https://music.amazon.com/podcasts/d8d293f0-9c00-457c-bb76-392ba185637e

Topics Cross Barrel
Author

Sparta

Rate this article

Average rating / 5. Vote count:

No votes so far! Be the first to rate this post.

Continue reading

  • New
  • Analyst brief
  • Cross Barrel

Brent hits 100$/bbl and the China factor

Brent hits 100$/bbl and the China factor.

09 SEP 26 - 09:44

  • New
  • Deep dive
  • Crude

WAF and South American grades shine

TI/Brent to widen to -$9/bbl through the November and December contracts.

09 SEP 26 - 07:42

  • New
  • Analyst brief
  • Distillate

Medium-term ICE GO call arrives on schedule; Europe still shut to every diesel arb bar the Red Sea, ...

Medium-term ICE GO call arrives on schedule; Europe still shut to every diesel arb bar the Red Sea, so HOGO remains a sell.

08 SEP 26 - 15:14

  • New
  • Press
  • Crude

Oil closes in on $100 as renewed supply crunch looms

“They have run out of their base options if the government is not telling them to pull down...

08 SEP 26 - 07:44

subscribe_cta_image

Get forward-looking insights straight to your inbox