Episode 55: U.S.-India tariffs and Ukraine strikes: What does this mean for oil prices?
Description
This week’s Sparta Market Outlook Podcast dives into a storm of oil market moves. Host Rachel Williams and the team break down U.S.-India tariff shocks, Ukraine’s strikes on Russian refineries, and looming Fed rate cuts — while tracking North Sea DFL lows, tight European stocks, and a possible rebound in 0.5% fuel oil. From Dubai’s steady strength to shifting distillate flows, the episode delivers actionable insights for traders navigating a deceptively calm yet volatile market.
Chapters:
(02:10 ) Geopolitical Headline Rundown
Neil breaks down the latest on U.S.-India tariff defiance, Ukraine’s refinery attacks, and their ripple effects on global oil markets.
(08:35 ) Dangote Drama and Fuel Oil Outlook
Hoa unpacks the chaotic signals from Dangote’s refinery and why 0.5% fuel oil might be shifting from bearish to neutral.
(15:15 ) North Sea DFL Collapse and Crude Signals
Neil and June analyze the North Sea’s weakening DFL, cheap Brent landings in Asia, and the persistent strength of Dubai.
(20:47 ) Platts Murban Methodology Shake-Up
June explains Platts’ upcoming changes to the Murban assessment and their potential to reshape sour crude dynamics.
(22:27 ) Distillate Dynamics: East-West Shifts
Neil highlights the widening East-West distillate spread and why Europe’s bull case is gaining traction.
(27:31 ) Quick-Fire Market Calls
The team shares high-conviction trades, from naphtha strength to distillate buys, while keeping an eye on APEC.
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