The recent production cuts by OPEC+ have had a significant impact on the crude oil and refined products markets. Dated Brent, a benchmark for crude oil prices, has reached a 10-month high. Additionally, diesel prices are also on the rise due to supply constraints. The International Energy Agency (IEA) has warned investors about strong demand in the fourth quarter, further supporting the bullish sentiment in the oil markets.
To delve into these developments, the Platts Oil Markets podcast brings together London-based oil news reporter Robert Perkins, and oil price reporters Sam Angell and Sasha Foss. They join host Francesco Di Salvo to discuss the current market sentiment and the implications of the latest developments in the oil markets.
During the podcast, the panel discusses various price assessments, including PCAAS00 – Dated Brent, AJSVB00 – Johan Sverdrup FOB North Sea vs North Sea Dtd Strip, and AAVBG00 – ULSD 10ppmS CIF NWE Cargo. These assessments provide insights into the fluctuations and trends in the oil market.
For those interested in listening to the podcast, there are several options available. The Platts Oil Markets podcast is available on Spotify, offering a convenient and user-friendly platform for accessing the latest episodes. Additionally, the podcast can also be found on Apple Podcasts, providing easy access to listeners who prefer this platform. Google Podcasts is another option for accessing the Platts Oil Markets podcast, catering to listeners who prefer this platform.
By listening to the podcast, investors and industry professionals can gain valuable insights into the current state of the oil markets, helping them make informed decisions. The discussion among the experts sheds light on the factors influencing oil prices and the potential impact on the industry as a whole.
In conclusion, the OPEC+ production cuts, rising crude oil and refined product prices, and strong demand in the fourth quarter are key developments in the oil markets. The Platts Oil Markets podcast offers a comprehensive analysis of these developments, featuring industry experts who provide valuable insights. The podcast is easily accessible on various platforms, allowing listeners to stay informed about the latest trends and developments in the oil industry.