James is an Oil Products Analyst, with a particular focus on the EMEA region. He has deep knowledge of the African downstream, having spent seven years with CITAC Africa in London. James is a chartered accountant and fluent French speaker. He is a graduate of the University of Warwick. Prior to joining Energy Aspects, he worked as Financial Planning and Control Manager at a gas distribution company.
The carnage in gasoline markets over the last week offers a grim preview of what the end of Q4 18 will look like if refiners continue to run flat out. The fact that a major accident at Irving’s 0.31 mb/d St. John refinery, a key supplier to PADD 1, did nothing to alter the trajectory for cracks s..
The sudden rally in crude prices over the last few weeks has given LPG buyers pause as the heating season has not yet arrived in full force. Barring a major economic slowdown, petrochemical demand will remain robust into the New Year, giving fresh impetus to prices, particularly with US infrastru..
Middle Eastern fuel oil premiums spiked over $15 per tonne earlier this month, reflecting fears that Iranian supplies are set to drop sharply. But with prompt Singapore fuel oil spreads moving up towards $6 per tonne, how much room is left for prices to climb from here? Cracks are already strong..
Emerging market risks are growing for diesel, including Turkey’s slowing imports and Brazil’s unsustainable subsidy programme. Turkish marketers are running down stocks to meet demand and preserve foreign exchange, which is pushing Indian and Saudi diesel into other European markets. Atlantic bas..