What role will oil play in mitigating Europe's natural gas problem this winter? With energy costs skyrocketing since the start of the Russian-Ukraine war, industries and households across the continent have been looking across the barrel for practical alternatives to natural gas.
In this episode of the Platts Oil Markets Podcast, S&P Global Commodity Insights associate editors Aly Blakeway and Patrick McAllister explore with Francesco Di Salvo to what degree LPG and gasoil may be used in the short-term to replace natural gas.
Prices referenced in the episode:
- LPG: CIF ARA large propane cargoes PMABA00
- LPG barges: FOB ARA propane barges PMAAS00
- 0.1% gasoil: FOB 0.1% gasoil barges AAYWT00
- ULSD: FOB ARA 10ppm diesel barges AAJUS00
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