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How are crude prices reacting to a lengthening Atlantic Basin market?

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Listen: How are crude prices reacting to a lengthening Atlantic Basin market?

  • Featuring
  • Joel Hanley    Sam Angell    Joey Daly    George Delaney
  • Commodity
  • Crude Oil Refined Products
  • Length
  • 13:18
  • Topic
  • OPEC+ Oil Quotas and Geopolitics War in Ukraine

As European refineries return from seasonal maintenance, ample prompt supply in the North Sea, Mediterranean and West African crude markets suggests that the demand side of the equation remains firmly in the red.
Joel Hanley is joined by crude editors Sam Angell, George Delaney and Joey Daly to discuss the implications of a crude-saturated Atlantic basin for prices in the major oil markets west of Suez.

Links:
Dated Brent PCAAS00
WTI Midland CIF Rotterdam vs Fwd Dated Brent $/bbl WMCRB00
Bonny Light FOB Nigeria London vs WAF Dtd Strip AAGXL00
Azeri Light CIF Augusta vs BTC Dtd Strip AAHPM00
WTI Midland CIF Rotterdam crude differentials plunge to weakest value since October 2021
Nigeria Bonny Light crude value falls to 5-month low: Platts assessment

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