Steeper crude backwardation puts pressure on African crude oil
About this episode
Against a backdrop of growing Coronavirus infections and OPEC+ discord, oil prices keep rising. How can long-haul crude cargoes stay competitive as backwardation in the forward curve widens and puts pressure on Asia-bound oil from West Africa and Europe?
In this episode of the Oil Markets Podcast, S&P Global Platts reporters Emma Kettley and Nick Baldwin discuss with Joel Hanley why a stronger backwardation is boosting certain crude grades while hitting others.
Get every episode summarized
Each time Oil Markets publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Oil Markets
Naphtha's post-Hormuz reality: tight supply, wide arbs and a bullish gasoline pu...
Oil Markets
APPEC to focus on Asia's energy resilience, vulnerability in a fragmented market
Oil Markets
Regional bottlenecks and strong product margins boost European gasoline prices
Oil Markets
Oil earnings divide: Producers grow, refiners thrive
Oil Markets