Tom is an oil products analyst specialising in light ends and NGLs. He focuses on tracking market fundamentals and pricing, primarily within Europe and the Middle East. Before starting at Energy Aspects, Tom worked as an analyst within both the utilities and oil sectors, most recently within the analytics and consulting team at ICIS, covering long-term oil product balances and global cracker margin analysis. He holds a BSc from the University of Sheffield.
Refinery problems and stronger-than-expected demand have tightened the global gasoline market over the last month. US inventories may struggle to return to early July levels of 239 mb over the rest of the summer if operational problems continue to bedevil refiners. While there may be little risk..
The US natural gas liquids system is constrained, making the production and distribution of NGLs harder as stocks build in unhelpful places even as demand from export markets continues to pull supply out of the US Gulf Coast. US propane stocks rose by 5 mb m/m in July, but just 0.9 mb of this was..