Robert Campbell

Robert Campbell profile image

Robert heads up coverage of global oil products markets. Prior to joining Energy Aspects, Robert worked as an energy journalist for nearly 14 years for Reuters, Petroleum Argus and other publications, where he reported on oil markets and trends from Latin America, London, and New York in addition to temporary assignments worldwide. Most recently he was Oil Markets Columnist at Reuters. Robert holds an MA from McMaster University and a BA from McGill University and is based in New York.

Recent publications

  • | Top of the pops

    Fuel oil’s strength is finally catching up with it. Strong cracks in late 2016 and early 2017 gifted short-term decision makers at simple refineries with the unambiguous signal to up their runs, and they duly obliged. In the first two months of the year, European runs jumped by 0.4 mb/d, despite the..

    2 days ago - Read more

  • | Great again

    The outlook for middle distillates continues to improve. US stocks are down by more than 20 mb since the start of the year and inventories are draining elsewhere too. The drawdowns have halved the overhang in visible middle distillates inventories to just 17 mb, and with Asia and the FSU only starti..

    1 week ago - Read more

  • | Emerging Market

    Gasoline markets have tightened considerably over the last month, thanks in part to a wave of buying by Venezuela’s PDVSA amid a spiralling crisis at its refineries. This buying came just as resurgent West African gasoline demand soaked up supplies and as European refineries entered turnarounds. Mea..

    2 weeks ago - Read more

  • | Time to build

    LPG forward curves have weakened as demand slows from the peak winter months, and most markets have moved into seasonal contango. We are still bullish on global LPG, however, because the dynamics of US production haven’t changed: supply growth will be limited through Q3 17. Incremental propane suppl..

    3 weeks ago - Read more

  • | US Department of Energy

    Extract from crude oil: Crude stocks rose by 1.6 mb w/w to 536 mb, making the total March inventory change 10.7 mb, higher y/y by 29 mb. PADD 3 led the build, with stocks up by 2.7 mb w/w to 281 mb as runs eased by 0.19 mb/d to 8.5 mb/d, while exports fell by over 0.4 mb/d w/w to 0.58 mb/d. This of..

    3 weeks ago - Read more