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.
The carnage in gasoline markets over the last week offers a grim preview of what the end of Q4 18 will look like if refiners continue to run flat out. The fact that a major accident at Irving’s 0.31 mb/d St. John refinery, a key supplier to PADD 1, did nothing to alter the trajectory for cracks s..
The sudden rally in crude prices over the last few weeks has given LPG buyers pause as the heating season has not yet arrived in full force. Barring a major economic slowdown, petrochemical demand will remain robust into the New Year, giving fresh impetus to prices, particularly with US infrastru..