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Global Oil Markets Podcasts

European crude hits a sweet spot as the physical market tightens

July 10, 2015 (4:41 mins)



A recent rise in physical crude oil differentials in the Atlantic Basin has bucked the trend of weakness seen over the course of 2015. Platts managing editor for EMEA crude Robert Beaman discusses this resurgence with North Sea editor Erduan Reid and West African editor Gillian Carr. The team discusses the recovery in crude spot market fundamentals across European and West African grades, focusing on the sweet crude market, where the record high gasoline crack has buoyed refinery margins.


The following Platts assessments were discussed in this podcast:
Price Date
Qua Iboe $0.50/b 07/09/2015
Ekofisk $58.555/b 07/09/2015
Kirkuk $-3.95/b 07/09/2015
Urals CIF Rotterdam $-0.85/b 07/09/2015



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