Nevyn covers Asian refined products market analysis. After graduating from the National University of Singapore with a chemical engineering degree, he worked at ExxonMobil for 5 years where he held several roles including process engineering, business analysis and crude optimisation. Most recently, he was a senior analyst at Phillips 66 where he spent 4 years covering Asia and Middle East crude oil markets as well as crude optimisation for Melaka refinery.
Atlantic basin cracks and spreads could remain under pressure until the summer despite heavy European turnarounds. Underlying demand trends are still intact—but it will take longer to work off the overhang that has built up than we had initially expected because supply is higher in some pla..
Gasoline bulls will need to see significant buying in the coming weeks or they are likely to head for the doors. While scheduled turnaround work in Europe is heavy this spring, FCC maintenance on the US Gulf Coast is light. This means competition in the export market could be intense, especially..