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.
Diesel markets are tightening already, and, with crude rallying, production growth will be a challenge in the near term. Simple margins have been hammered by the surge in Brent prices. Meanwhile, the Atlantic basin stock situation is much more bullish than a year ago—inventories have likely..
The weakening in forward gasoline cracks over the last month makes it tempting to suggest that it is time to go bargain hunting, but we still think there is little short-term upside to the market with the full weight of European supply yet to hit the US East Coast. Forward values have not fallen..