Oil Markets

Latin America is becoming a critical engine of global oil supply growth. In this episode of the Platts Oil Markets Podcast, Jeff Mower is joined by Washington-based policy editor Kate Winston and Mexico editor Sheky Espejo to examine Venezuela's reopening to international energy companies, Brazil's record production and exploration push, and why the region is attracting renewed investment. As concerns persist over Middle East crude supplies and key shipping routes, the team explores how new barrels from the Atlantic Basin could reshape global oil markets.

Prices for Russian crude strengthened in September, amid lower domestic production and Middle East supply concerns while Russia's refining sector continues to face major challenges as a result of Ukrainian attacks. Russia has extended its diesel export ban and the US is considering introducing similar restrictions, driving prices higher and raising the risk of diesel deficits in the coming months. Recent comments from Russian and US officials have underlined the importance of diesel in negotiations between Russia, the US and Ukraine aimed at securing an energy ceasefire ahead of the winter season.   
In this episode of the Platts Oil Markets podcast by S&P Global Energy, OPEC+ lead reporter Rosemary Griffin discusses the impact of refinery attacks, sanctions and a possible energy ceasefire on the Russian and global oil markets with senior price reporter Jan Kedzior, associate director, near-term oil markets Rebeka Foley, and senior reporter Elza Turner.

Asia's energy markets are navigating a period defined by heightened geopolitical risk, vulnerable maritime chokepoints, shifting trade flows, and growing uncertainty over supply security. With APPEC 2026 concluding earlier in September, discussions at the event highlighted how refiners, traders, shipowners, and policymakers are reassessing sourcing strategies, inventories, freight exposure, compliance requirements, and the role of trusted price benchmarks. In this episode of Platts Oil Markets Podcast, Asia Energy Editor Sambit Mohanty discusses some of the key takeaways from APPEC with Bao Ying Ng, global director for strategic engagements at S&P Global Energy, Benjamin Tang, head of liquid bulk at S&P Global Commodities at Sea, and Jonathan Nonis, associate editorial director for Asian oil products.

Distillate prices are rising as escalating tensions in the Middle East and Russia inject fresh uncertainty into global energy markets. Join S&P Global Energy's Gary Clark, associate director, price reporting, alongside reporters Sophia Aung and Aruni Sunil, as they examine how geopolitical risks, supply disruptions, and a tightening physical market are underpinning a bullish outlook for distillates. They also explore the impact of constrained supply, low inventories, and shifting trade flows on consumers, and assess whether relief is on the horizon.

Diesel markets are entering their most stressful stretch of the year as record prices, thin inventories and disrupted supply flows collide across the Americas. In this episode of the Oil Markets Podcast, Jeff Mower speaks with Janet McGurty, Kauanna Navarro and Carlos Castillo about how constraints in Russia and the Middle East have pushed US Gulf Coast refiners into the role of global swing supplier, why Brazil is relying more heavily on US and Indian cargoes, and how limited refinery spare capacity leaves markets with little room for error.