Thursday Oct 03, 2024
3rd October: A new era for freight, Libya, shifts in gasoline supply and demand
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This week, Felipe and Neil welcome Michael Ryan, Sparta’s Commodity Owner for Freight, to discuss the launch of Sparta’s brand new freight tool. Michael shares insights into the tool's unique approach to analysing demand and forecasting prices for shipping routes, focusing on Atlantic Basin routes and the shifting dynamics between the US Gulf Coast and Northwest Europe.
The team also talk crude, where Neil explores the impact of Libya's return to the market and the broader implications of refining margins in a bearish crude environment. The team also delve into gasoline spreads and refining margins, touching on the potential shifts in supply and demand across regions, especially in Europe and the Arabian Gulf.