Daily Update — September 11, 2026
War and Decarbonization; Enterprise Adoption for AI Agents; and Collateralized Loans Amid Private Credit Boom
Today is Friday, September 11, 2026, and here’s your curated selection of Essential Intelligence on global markets from S&P Global. Subscribe to be notified of each new Daily Update.
Energy Expansion
Listen: War and decarbonization: Rewriting the UK and Europe's refining future
The European refining sector is thriving by most conventional metrics. Key fuel price benchmarks have reached new highs amid the Middle East war, and oil refiners are operating at top capacity to plug gaps left by supply disruptions to major Gulf exporters.
In this episode of the “Energy Evolution” podcast, host Eklavya Gupte spoke with Kelly Norways, senior editor at Platts, part of S&P Global Energy, to discuss the disconnect between the ongoing boom and the wave of refinery closures in Europe. They also examined the factors that will allow the region’s refining sector to survive and decarbonize. Additionally, Fuels Industry UK CEO Elizabeth de Jong joined to discuss the potential addition of the refining industry to the UK's Carbon Border Adjustment Mechanism and why record refining margins represent a temporary distortion rather than a structural fix.
Artificial Intelligence
Your Agents Need to Be a Trusted Extension of Your Team
As AI moves from experimentation to enterprise adoption, many companies need to decide between building AI agents or leveraging ready-made solutions. They must also consider if AI agents can be trusted to deliver outcomes and create meaningful business value. Conversations are shifting from agent development to the foundations that make AI successful at scale.
According to Krishna Vinjamuri, head of technology and enterprise solutions at S&P Global Market Intelligence, flexibility is becoming a strategic advantage. Some companies are investing in bespoke agents designed around their processes, data and competitive differentiators, while others are using prebuilt solutions to realize value sooner. Both approaches are needed, and the challenge is creating an environment where the two can coexist.
Private Markets
Listen: Emerging Trends in CLOs and Private Credit
Collateralized loan obligations are adapting to the rapid growth of private credit and changes in structured finance.
In this episode of the “Leveraged Finance & CLOs Uncovered” podcast, hosts Hina Shoeb and Sandeep Chana spoke with Matthew Mitchell, managing director for structured finance at S&P Global Ratings, to explore investor challenges as private credit expands beyond traditional direct lending, the differences between funding through investment fund structures and securitizations, and the latest advancements in securitization technology.
In case you missed it
- The US logged $1.8 billion in total proceeds from seven IPOs in August, down from $3.0 billion across the same number of offerings in July, according to S&P Global Market Intelligence data.
- Colombia-based GeoPark aims to produce about 56,000 barrels/day from its Bare heavy oil asset in Venezuela by 2030, saying its investment plan does not depend on the normalization of the country’s political environment.
- Asian refiners need tested and viable oil supply alternatives beyond strategic reserves to achieve energy resilience, Singapore Minister of State for Foreign Affairs, Trade and Industry Gan Siow Huang said at S&P Global’s Asia Pacific Petroleum Conference.
Upcoming events
- Oil Markets, Price Forecasting & Commercial Strategies | September 15-17 (Dubai, UAE)
- Canadian Banking Sector Update: How Are Large Banks Positioned To Weather Heightened Trade Tensions? | September 15 (Webinar)
- 2026 Top P&C Insurance Company Performance Rankings | September 16 (Webinar)