logo
episode-header-image
Sep 2024
23m 7s

Europe's refining crisis: Grangemouth’s ...

S&P Global Commodity Insights
About this episode

The impending closure of Grangemouth, one of the last six refineries in the UK, raises urgent questions about the future of Europe’s refining landscape as profitability declines. Our experts examine the challenges facing the European downstream sector, including evolving supply chains and the impact of energy transition trends. In this Oil Markets podcast episode, join host Herman Wang, Elza Turner and Kelly Norways as they discuss the potential for further refinery shutdowns and the critical shifts shaping oil markets across the continent.

Links: ULSD 10ppmS FOB ARA Barge - AAJUS00 Gasoline Prem Unleaded 10ppmS FOB AR Barge - PGABM00 Dated Brent - PCAAS00 Petroineos to close Scotland's Grangemouth refinery Q2 2025 (subscriber content) Mediterranean refiners cut runs due to margin squeeze (subscriber content) REFINERY NEWS ROUNDUP: SAF in focus in Asia, Europe (subscriber content) REFINERY NEWS ROUNDUP: Maintenance, closures, incidents in Europe (subscriber content) REFINERY NEWS ROUNDUP: Maintenance picks up in Asia-Pacific (subscriber content)

Up next
Yesterday
High sulfur fuel oil prices get a boost from rising US crude exports
A jump in US crude exports has helped to boost prices for high sulfur fuel oil, supplies of which are currently tight. What is driving demand for US crude to South Korea and India? What is the connection between low US imports of heavy crudes and HSFO supply tightness? What is th ... Show More
22m 7s
Oct 2
EU sanctions package on Russian oil set to reshape European diesel and jet trade flows
With European imports of products refined from Russian crude oil set to be banned in the beginning of 2026, the spotlight is on exporters such as India and Turkey, and how flows of diesel and jet fuel in the EMEA region are anticipated to change in the coming months. Gary Clark i ... Show More
14m 43s
Sep 25
Insights from APPEC 2025 on China's oil demand and global shipping
In the wake of APPEC 2025, China's evolving oil demand and the impact on global shipping markets are in the spotlight. With China’s oil consumption slowing and India’s robust demand outlook, the intricate balance of these factors has major implications for global energy supply ch ... Show More
26m 23s
Recommended Episodes
Jul 4
PODCAST: Daily Energy Markets - July 4th
The Daily Energy Markets podcast tackled the ripple effects of a sweeping new US spending bill adding $3 trillion to debt while slashing taxes and gutting key social and climate programs — a clear political win for Trump but raising concerns over debt and dollar pressure. Guests ... Show More
30m 12s
Jun 2024
The Biofuels Report: Asian UCO exports to US surge
With rising demand for sustainable aviation fuel and HVO or renewable diesel, the demand for feedstocks is surging. One feedstock is taking center stage, used cooking oil. Argus recently launched the EPA-compliant UCO fob China and EPA-compliant UCO fob Strait of Malacca price as ... Show More
6m 48s
Jun 2025
Oil Drops As Iran Responds… Plus Novo Nordisk Cuts Ties With Hims & Hers 6/23/25
Crude oil sliding after Iran’s strike on a U.S. base in Qatar. The energy impact, and how the broader markets are reacting. Plus The next move for Novo Nordisk, as the pharma company cuts ties with Hims & Hers. What it means for the weight loss drug space, and how their latest tr ... Show More
43m 39s
Sep 2024
Fuels Focus: Your Weekly Insight into the US Refined Products Market
Stay informed with Fuels Focus, the essential podcast form Argus that delivers timely analysis and key highlights from the US refined products marketplace. Each week, our experts break down the most significant developments affecting gasoline, diesel, jet fuel, RINs and ethanol p ... Show More
2m 44s
Sep 26
Markets rattle as data surprises and tariffs return
Markets hit some rough patches yesterday, with all major European indices closing lower, followed by similar losses across the three main US benchmarks. Revised US data revealed an upward adjustment to second-quarter GDP, while jobless claims came in below expectations. This prom ... Show More
13m 31s
Jul 2024
The Crude Report: The TMX series - As volumes hit the water, markets and prices emerge
The start of waterborne loadings from the 590,000 b/d Trans Mountain Expansion (TMX) pipeline is already providing a glimpse of how markets and prices will evolve around this new development. While still in its early stages, the new flows of heavy Canadian crude are having some i ... Show More
11m 48s
Mar 2025
Oil and Gas This Week | March 26 2025 | Ep 372
Sponsored by Cognite – https://www.cognite.com/en/ogpodcast Greenpeace ordered to pay $660M to oil company by judge, prompting bankruptcy fears https://www.msn.com/en-us/money/companies/greenpeace-ordered-to-pay-660m-to-oil-company-by-judge-prompting-bankruptcy-fears/ar-AA1BiqeH? ... Show More
34m 25s
Jun 2024
PODCAST: Daily Energy Markets - June 12th
The Daily Energy Markets Podcast dissected the headlines surrounding energy transition in Europe and the US, with James McCallum, CEO & Chairman, Xergy Group, and Professor of Energy, Strathclyde University; and Bill Spindle, Senior Global Correspondent, Cipher News. Bora Bariman ... Show More
32m 38s
Sep 30
Markets hold firm as shutdown fears loom
European markets closed higher yesterday, buoyed by strong performances in the healthcare and luxury sectors. In the US, concerns over a potential government shutdown failed to dampen investor sentiment, as a rebound in AI-related stocks helped support equity markets. Beyond mark ... Show More
13m 11s
Sep 2
Start of September brings gains for European equities and gold
With US markets closed yesterday for a public holiday, attention was firmly on European markets, where equities began the new month on a positive note. Two sectors led the gains: defence and healthcare. Meanwhile, European bond markets weakened slightly, weighed down by ongoing c ... Show More
12m 48s