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Global Oil Markets

Global Oil Markets

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S&P Global Commodity Insights analysis of key oil price movements across the globe.

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 utilized in the short-term to replace natural gas.

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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