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.
RBOB gasoline is tight on the USEC, but conditions in the broader global market have hardly improved. Combined stocks in PADDs 1, 2 and 3 moved into a small surplus in early July, marking the first time that stocks have been higher y/y since Hurricane Harvey. ARA and Singapore stocks are tracking..
Genuine tightness continues to grip fuel oil markets largely due to the challenges of making on-specification material, sending prompt timespreads up above $5 per tonne in both Asia and Northwest Europe. A dearth of exports to Asia from the Atlantic basin in recent months and structural shifts in..