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How high can it go? Crude market tightness sparks oil price surge

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Listen: How high can it go? Crude market tightness sparks oil price surge

  • Featuring
  • Francesco Di Salvo    Robert Perkins    Sam Angell    Sasha Foss
  • Commodity
  • Energy Oil
  • Length
  • 11:18
  • Topic
  • OPEC+ Oil Quotas and Geopolitics

The OPEC+ production cuts continue to impact both crude oil and refined products. Dated Brent has reached a 10-month high. Prices in the diesel market are also rising amid supply constraints. Meanwhile, the latest report from the IEA has warned investors of strong demand in Q4.

In this episode of the Platts Oil Markets podcast, London-based oil news reporter Robert Perkins and oil price reporters Sam Angell and Sasha Foss join Francesco Di Salvo to discuss the current bullish sentiment supporting prices as market participants react to the latest developments in the oil markets.

Price assessments discussed:
PCAAS00 - Dated Brent
AJSVB00 - Johan Sverdrup FOB North Sea vs North Sea Dtd Strip
AAVBG00 - ULSD 10ppmS CIF NWE Cargo

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