A sigh of relief

In this Insight Paper, drawn from recent analysis in three of our flagship oil market business intelligence reports — Argus Global Markets, Argus China Petroleum and Argus Eurasia Energy — we look at the state of crude markets, and particularly trade in sour crude, in the wake of the anxieties caused by the conflict in the Middle East and in the run-up to the 6 July Opec+ meeting.

• Sanctions risk looms over uneasy oil market
• Mideast Gulf crude prices weaken as Iran-Israel tensions ease
• European refiners still wary, turn to Caspian crude
• Canadian crude set to expand Asia-Pacific market share
• Chinese oil demand running ahead of expectations