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

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Published29 JAN 26 - 11:55 Reading time minutes

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

Neil Crosby, Jorge Molinero and June Goh walked through how the Iran conflict is reshaping crude, distillates, light ends and fuel oil markets. Their core view: markets are still pricing for peace, but with 10-11 mbpd shut-in and inventories drawing fast, the supply shock has yet to hit flat price. They laid out 11 trade ideas across the barrel.

Key Takeaways:

Long deferred WTI/Brent as US stocks draw hard for summer
Long diesel E/W as Asian run cuts have further to go
Long Q3 mogas cracks, with US balances tightening
Long naphtha E/W, with the peace-trade selloff looking wrong
Mean reversion of GOFO as bunker demand more inelastic than diesel

Here’s the slides from the webinar:

Click to read April Insight Webinar

Speakers:

Neil Crosby – Head of Research: Neil is a senior oil market analyst specialising in crude oil, refined products, and biofuels, with particular depth in refining economics, fundamental strategy and price modelling. He has held analytical roles at OilX and JBC Energy, and his market intelligence is regularly cited by Reuters, Bloomberg, and the Wall Street Journal.
Connect: https://www.linkedin.com/in/neilcrosbyuk/https://x.com/NGCanalyst

June Goh – Senior Oil Market Analyst: 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: https://www.linkedin.com/in/gaik-june-goh-26b42663/

Jorge Molinero – Analyst: Jorge is Sparta’s Commodity Owner for gasoline and light ends. He began his career as a financial analyst at BBVA before spending four years as a naphtha analyst at Repsol. His market analysis is cited by Reuters, Bloomberg, and Financial Times.
Connect: https://www.linkedin.com/in/jorge-molinero-sanz-459a6513b/

About Sparta CommoditiesSparta is a leading provider of real-time market intelligence and analytics for global commodity traders. The company delivers actionable insights, price transparency, and data-driven decision-making tools, empowering traders to stay ahead in fast-moving markets. Sparta serves a diverse client base, from independent traders to multinational corporations.
Learn more at www.spartacommodities.com.

Topics Cross Barrel

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