Oil Matters Episode 59: Do the Feedstock Shuffle

David Fyfe, Argus Chief Economist, takes stock on Argus' recent Americas Crude Summit and IE Week in London. Market sentiment has turned markedly more bullish relative to the "surplus" narrative that dominated at the turn of the year. Meanwhile, Chinese and Indian refiners are shuffling crude feedstocks amid pricier Venezuelan cargoes and tightening sanctions respectively.