The Crude Report podcast series examines the critical forces impacting global crude oil markets, including discussions on price trends, supply and demand shifts, trade flows, geopolitical and regulatory developments and regional matters that can ultimately alter the global landscape.
Like all Argus podcasts, The Crude Report podcast episodes are available on the Argus Blog, where each episode can be streamed and is provided with a full transcript, along with podcast platforms Apple Podcasts, Spotify and Stitcher. To stay updated with the latest crude oil content such as podcasts, news, blogs and digital events, subscribe to our free newsletter.
The Crude Report episodes
01 декабря 2021
The Crude Report: Pipeline capacity goes from famine to feast
What began as a frenzy to build crude oil pipelines connecting US oil fields like the Permian basin to ports for export has resulted in more pipeline capacity than the crude to fill it.
Фильтр:
Нефть North America English
24 ноября 2021
The Crude Report: Asia’s call for delivered barrels
As crudes from every region compete for market share in Asia-Pacific, refiners are gaining influence over the pricing mechanisms they prefer.
Фильтр:
Нефть Нефтепродукты Asia-Pacific Middle East Global
17 ноября 2021
The Crude Report: US export conditions volatile
After falling to below 2.7mn b/d in September, US crude oil exports are poised to rebound to the typical volume of more than 3mn b/d temporarily before potentially falling back to depressed levels by the end of the year.
Фильтр:
Нефть Нефтепродукты Природный газ North America Global English
10 ноября 2021
The Crude Report: Net Zero ambitions
The ongoing UN Cop 26 climate summit in Glasgow and the actions that President Joe Biden's administration is taking to implement his ambitious energy transition agenda are of direct relevance for the US oil and gas industry — a net zero emissions pledge by the US and ot...
Фильтр:
Нефть Выбросы CO2 Нефтепродукты North America English
02 ноября 2021
The Crude Report: Opec+ keeping its eye on the prize
Despite growing calls to boost supply more aggressively to help curb rising oil prices, expectations are that Opec+ will once again decide to stay the course and sanction a 400,000 b/d increase its collective output, as planned.
Фильтр:
Нефть Global Africa Asia-Pacific Europe FSU Latin America and Caribbean Middle East North America English
27 октября 2021
The Crude Report: China’s 5th round of import quotas
On Friday, 22 October 2021, China's ministry of commerce released an unprecedented 5th batch of crude import quotas.
Фильтр:
Asia-Pacific Нефть English
20 октября 2021
The Crude Report: The effects of surging gas and coal prices
The current strains across power, coal and natural gas markets will likely increase fuel switching around the world, ending with a domino effect on crude oil demand.
Фильтр:
Нефть Нефтепродукты Уголь Природный газ Asia-Pacific Europe English
13 октября 2021
Рынок нефти: Экспорт Смеси ВСТО растет
Экспорт легкой малосернистой Смеси ВСТО увеличится в этом году. Росту поставок в том числе способствует повышение добычи в рамках соглашения ОПЕК+.
Фильтр:
Нефть Europe FSU Asia-Pacific English
06 октября 2021
The Crude Report: Life on Mars
Infrastructure supporting the flow of medium-sour crude oil Mars continues to recover from Hurricane Ida damage. Yet despite some setbacks to fully bring back platforms like Shell’s WD-143, the Argus Mars assessment has maintained strong liquidity.
Фильтр:
Нефть Нефтепродукты North America English
29 сентября 2021
The Crude Report: Opec's to-do list
Against a backdrop of growing global concern over energy supplies, Opec+ ministers meet next week to discuss and agree output policy for November, and are expected to rubber-stamp the next 400,000 b/d monthly increase under their existing deal.
Фильтр:
Нефть Global Middle East Africa Asia-Pacific Europe FSU Latin America and Caribbean North America English
22 сентября 2021
The Crude Report: Argentina’s Medanito sails overseas
Previously a locally-kept secret, Argentina’s Medanito crude oil has found its way into the global market. With its WTI-like quality, it has started finding homes in Chile, The Netherlands, Denmark and, most notably, the US west coast.
Фильтр:
Нефть Global Europe Latin America and Caribbean North America English
15 сентября 2021
The Crude Report: ANS flows across the other, bigger pond
Alaskan North Slope (ANS) crude cargoes continue to be exported to the Asia-Pacific. So far in 2021, at least eight cargoes have been loaded, including one that discharged in Japan, which was the country’s first import of ANS in nearly five years.
Фильтр:
Нефть Global English Asia-Pacific North America
08 сентября 2021
The Crude Report: Hurricane Ida's impact at the US Gulf coast
Hurricane Ida landed along the Louisiana coast on 29 August 2021 as a category 4 storm, affecting not only the region’s refineries but also offshore production operations of a lot of the country’s medium sour crude oils.
Фильтр:
Нефть Нефтепродукты North America English
01 сентября 2021
The Crude Report: WAF-to-Asia flows at lows
Exports of west African crude to Asia-Pacific refiners plummeted to 1.7mn b/d, amid the spread of the Covid-19 Delta variant, low import quotas in China and refinery shutdowns in India.
Фильтр:
Africa Asia-Pacific Нефть English
25 августа 2021
The Crude Report: The Opec+ balancing act continues
Next week’s Opec+ meeting will focus on the next production quota increase, a critical decision that will affect global crude oil prices.
Фильтр:
Нефть Нефтепродукты North America English
18 августа 2021
The Crude Report: Biden juggles Opec and IPCC
In this episode of The Crude Report, senior reporter Chris Knight and associate editor Haik Gugarats discuss the latest US initiatives around energy policy.
Фильтр:
Нефть Нефтепродукты North America
11 августа 2021
The Crude Report: Competition for Chinese demand heats up
The competition to supply crude oil to Chinese markets continues, with Canada being the latest player to up their game.
Фильтр:
Нефть Нефтепродукты North America Asia-Pacific English
04 августа 2021
The Crude Report — The Brent basket’s burden: part 3
In this third instalment of a special series on North Sea benchmark pricing, we discuss the idea of adding US crude oil WTI to the Brent basket.
Фильтр:
Нефть Нефтепродукты Europe North America English
28 июля 2021
The Crude Report: Opec’s row resolved
Editor-in-Chief Jim Washer talks to Dubai Editorial Manager Nader Itayim about the Opec+ alliance’s new output agreement, the Saudi-UAE row that nearly derailed it, and the challenges the group could face, not just through to the end of this current deal, but even beyon...
Фильтр:
Нефть Global English Africa Asia-Pacific Europe Latin America and Caribbean Middle East North America FSU
21 июля 2021
The Crude Report: Argus introduces Canadian High-TAN assessments
A podcast episode highlighting the introduction of a new Canadian High-TAN price assessment at Houston and Cushing, as well as providing updates about Argus WCS Houston and ICE ARV.
Фильтр:
Нефть Нефтепродукты North America English
14 июля 2021
The Crude Report: DJ Light hosts Cushing crude party
As increasing and more diverse light sweet Denver-Julesburg (DJ) crude volumes are delivered into Cushing, Oklahoma, from the Rocky Mountains, a need for better pricing has become all the more important.
Фильтр:
Нефть North America English
08 июля 2021
The Crude Report: Iran crude to India post sanctions
Indirect talks between Iran and the US have not yet resolved disagreements over a roadmap toward lifting US sanctions and enforcing Tehran's nuclear compliance. But refiners are watching the developments closely, and the eventual lifting of US sanctions is expected to t...
Фильтр:
Нефть Нефтепродукты Global Asia-Pacific Middle East English
30 июня 2021
The Crude Report: The Brent basket’s burden: Part 2
The staple crude oil price benchmark Dated Brent needs reinforcements, but how should the North Sea maintain its status in the global oil markets?
Фильтр:
Нефть Нефтепродукты Europe North America English
16 июня 2021
The Crude Report: Midland narrows in on Houston
More than one year after the Nymex Cushing benchmark sank below zero for the first time ever, crude oil demand remains weak as a poor arbitrage from the Permian basin limits sell-side opportunities.
Фильтр:
Нефть North America English
08 июня 2021
The Crude Report: The move to renewables – a concern for Russian Urals
Several key European customers of Russian medium sour Urals have been making steady progress towards co-processing renewables along with crude supplies at their refineries.
Фильтр:
Нефть English Europe North America
02 июня 2021
The Crude Report: The Brent basket’s burden
The physical basis of Dated Brent is not what it used to be, and BFOET production volumes have continued to fall.
Фильтр:
Нефть Нефтепродукты English Europe North America
26 мая 2021
The Crude Report: China taxes out Venezuelan barrels
A new Chinese tax on esoteric oil products poses a challenge for heavy sour crude, particularly from Venezuela.
Фильтр:
Нефть Asia-Pacific Latin America and Caribbean English
19 мая 2021
The Crude Report: China’s sweet and sour story
China is back in the market for sweet crude oil ahead of the release of new import quotas for independent refiners — but demand for the sourer grades favoured by state-owned firms looks weaker.
Фильтр:
Нефть Нефтепродукты Asia-Pacific English
12 мая 2021
The Crude Report: India's demand reversal
In this episode of The Crude Report, Argus’ vice president Alejandro Barbajosa and head of forecasting Francis Osborne discuss the impact on India’s oil sector and how it may affect global crude oil and refined products markets more widely.
Фильтр:
Нефть Нефтепродукты English
05 мая 2021
The Crude Report: Biden’s first 100 days
In this episode of The Crude Report, senior reporter Chris Knight and associate editor Haik Gugarats discuss the outcomes of Biden’s energy, climate and foreign policy priorities in his first 100 days in office and what to expect in coming months.
Фильтр:
Нефть Нефтепродукты North America
28 апреля 2021
The Crude Report: Canada’s great escape
Much has been said about US president Joe Biden’s rejection of the Keystone XL project. The now-suspended project would have provided 830,000 b/d of pipeline capacity from Canada’s oil sands to the US midcontinent, but after years of delays, Canadian crude oil producers...
Фильтр:
Нефть Транспортировка North America English
21 апреля 2021
The Crude Report: WTI pricing at the USGC nears uniformity
The transparency of locational spreads between the various US Gulf coast terminals that make up Argus AGS has proven quite popular, as it helps to highlight each connection’s unique market fundamentals.
Фильтр:
Нефть North America English
14 апреля 2021
The Crude Report: Revisiting negative oil prices with the CFTC
It has been nearly one year since 20 April 2020, a turbulent day for oil markets when WTI crude prices fell to a settlement price of negative $37.63/bl, which left some producers in the unusual position of paying someone to take their oil.
Фильтр:
Нефть North America English
07 апреля 2021
The Crude Report: Opec+’s Spring surprise
Last week's Opec+ meeting surprised markets with an agreement to lift production quotas by over 1.1mn b/d between May and July, not including Saudi Arabia’s own pledge to unwind its own 1mn b/d of additional voluntary cuts over the same period.
Фильтр:
Нефть Global English Africa Биотопливо Europe FSU Latin America and Caribbean Middle East North America
29 марта 2021
The Crude Report: Dirty tanker rates to face “painful” recovery
We welcome a special guest from Gibson Shipbrokers in this next installment of The Crude Report podcast series.
Фильтр:
Нефть Транспортировка Global English Africa Asia-Pacific Europe FSU Latin America and Caribbean Middle East North America
24 марта 2021
The Crude Report: Counting down to Murban futures
The highly-anticipated IFAD Murban futures contract will be launching next week, on Monday, 29 March 2021.
Фильтр:
Нефть Global Africa Asia-Pacific Europe FSU Latin America and Caribbean Middle East North America English
17 марта 2021
The Crude Report: Dated's U-turn
A U-turn on plans to transform the Dated Brent benchmark has left its future more uncertain than ever.
Фильтр:
Нефть Global Africa Asia-Pacific English Europe FSU Latin America and Caribbean Middle East North America
09 марта 2021
The Crude Report: China cooling?
First in, first out. Although Chinese oil demand was first to be affected by Covid-19, it was also the first to recover, ending 2020 higher by 1.3mn b/d. Despite the recovery, there are now signs that Chinese crude buying is cooling.
Фильтр:
Нефть Asia-Pacific English
03 марта 2021
The Crude Report: Changing the Dated game
Last week’s expected announcement that Argus competitor Platts would add WTI into the Dated Brent basket starting July 2022 took a surprising turn when it was also revealed that the assessment will become a delivered-Rotterdam benchmark.
Фильтр:
Нефть Природный газ Global Europe English
24 февраля 2021
The Crude Report: Texas’ cold snap boosts US Aframax spot, futures prices
Aframax tonnage has been tight in the Atlantic basin thanks to heavy demand for fuel oil loadings in Europe, but demand grew even more this past week as charterers rushed to secure vessels for US loadings in response to Texas’ unusual winter weather.
Фильтр:
Нефть Транспортировка North America English
17 февраля 2021
The Crude Report: The rise of WCS Houston and ARV
The Ice ARV paper swap, which settles on Argus WCS Houston, has seen a rapid rise in open interest and trade volume over the past 6 months. What in the physical market is supporting this growth?
Фильтр:
Нефть North America English
10 февраля 2021
The Crude Report: The Biden administration
President Joe Biden’s executive actions on energy policy have won praise from environmentalists and progressive Democrats, while surprising some in the oil and gas sector who hoped Biden would moderate his ambitious campaign promises on climate after taking office.
Фильтр:
Нефть Нефтепродукты North America
03 февраля 2021
The Crude Report: Potential changes to benchmark prices
Crude oil price benchmarks are facing some degree of change across all regions, from the various forms of WTI in the US and Brent in Europe, to the incoming IFAD Murban contract in the Middle East.
Фильтр:
Global Нефть Africa Asia-Pacific Europe FSU Latin America and Caribbean Middle East North America English
27 января 2021
The Crude Report: Iraq exports new Basrah Medium stream
Iraq’s state-owned marketer Somo has split the exports of key Iraqi Basrah crude from two into three grades, now Basrah Light, Basrah Medium (the newest classification) and Basrah Heavy, and also made adjustments in the quality of Basrah Light and Basrah Heavy.
Фильтр:
Нефть Middle East Asia-Pacific English
20 января 2021
The Crude Report: Russia’s Far East Sokol and ESPO Blend
Russia’s Sokol and ESPO Blend crude oil grades, produced in the country’s Far East, have relatively easy access to the world’s largest crude oil buyer, China.
Фильтр:
Нефть Asia-Pacific FSU English
13 января 2021
The Crude Report: Asian heavy demand lures Canadian railcars, US exports
Transportation arbitrage economics from Canada to the US Gulf coast began improving in the back half of 2020 as international demand for Canadian heavy crude oil grades picked up.
Фильтр:
Нефть Asia-Pacific North America English
06 января 2021
The Crude Report: AGS locational spreads tighten
Locational WTI spreads are tightening across the US Gulf coast as new connectivity options boost total liquidity, ultimately paving the pathway for Argus AGS to succeed as a future benchmark for light sweet crude in global markets.
Фильтр:
Нефть North America English
30 декабря 2020
The Crude Report: Asian plant closures to weigh on light sweet grades
Covid-19 continues to wreak havoc, as three Asian refineries are on the brink of shuttering thanks to weakened refined product demand.
Фильтр:
Нефть Asia-Pacific Middle East English
23 декабря 2020
The Crude Report: The effects of Opec+, vaccines and piracy on WAF markets
Will a new year bring WAF markets old concerns?
Фильтр:
Нефть Africa Europe English
16 декабря 2020
The Crude Report: Alaskan oil demand surfaces in China
Alaskan North Slope (ANS) crude oil exports to China surfaced this year on an interim trade deal signed by Beijing and Washington and as US west coast refining slackens on Covid-19 demand destruction.
Фильтр:
Нефть North America Asia-Pacific English
09 декабря 2020
The Crude Report: CHOPS outage sends sour grades to Louisiana
The Cameron Highway Oil Pipeline System (CHOPS) has been offline since late August, when Hurricane Laura’s damage halted Texas Southern Green Canyon (SGC) deliveries and diverted medium sour flows to Louisiana.
Фильтр:
Нефть North America English
02 декабря 2020
The Crude Report: China’s year-end buying spree
In this episode of The Crude Report, we look at oil markets through the prism of China, where life seems to generally be back to normal, as even their energy consumption has come roaring back.
Фильтр:
Нефть Asia-Pacific English
25 ноября 2020
The Crude Report: Opec+ looks at 2021
Opec+ ministers will meet w/c 30 November to discuss next steps for their production agreement, the decisions of which will obviously have impacts on global crude oil trade flows.
Фильтр:
Нефть Global English Africa Asia-Pacific FSU Latin America and Caribbean Middle East North America
18 ноября 2020
The Crude Report: Freight loses some Covid-19 weight
After an unprecedented rise earlier this year thanks to a surge of floating storage demand, the weight of freight – freight's share of the delivered cost – has returned to the more typical 5pc - 10pc range for US-to-China shipments.
Фильтр:
Нефть Транспортировка North America Asia-Pacific English
11 ноября 2020
The Crude Report: Why penalize running the lights?
The six stand-alone splitters designed to refine ultra-light crude oil condensate at the US Gulf coast should have operating advantages in an environment where gasoline is king – but this theory hasn't quite panned out.
Фильтр:
Нефтепродукты Нефть North America English
04 ноября 2020
The Crude Report: Libyan production strikes back
After an eight-month slump in crude oil production, Libyan volumes are expected to strike back in full force.
Фильтр:
Africa Нефть Europe North America English
28 октября 2020
The Crude Report: WAF demand revival
West African crude is seeing a demand revival from its key market in China and also, to a lesser extent, from some more unexpected sources.
Фильтр:
Нефть Africa Asia-Pacific English
21 октября 2020
The Crude Report: Mind the (small) gap between light and heavy sour prices
The price spread of light to heavy sour crude has tightened in the last several months amid changes in market dynamics on the light crudes and also on the heavy sour crude side.
Фильтр:
Нефть Asia-Pacific Middle East Latin America and Caribbean North America English
14 октября 2020
The Crude Report: Dated volumes problem returns
With annual output of key grade Forties falling to a 44-year low, the grades making up the Dated benchmark are seeing continued production declines.
Фильтр:
Нефть Europe English
07 октября 2020
The Crude Report: From Canada to Asia, with a Texas layover
Record volumes of Canadian crude oil are arriving in Texas, and while some are staying onshore, a fair amount is being exported to markets such as China, India and South Korea.
Фильтр:
Нефть North America Asia-Pacific English
30 сентября 2020
The Crude Report: Brazil-China trade ebbs and flows
Chinese imports of Brazilian crude hit a record 1.2mn b/d in June, as grades such as Tupi (formerly known as Lula) continue to be popular with Shandong refiners. But like many others, Brazil is also susceptible to China’s recent demand lull.
Фильтр:
Нефть Нефтепродукты Asia-Pacific Latin America and Caribbean English
23 сентября 2020
The Crude Report - Opec: 60 years and counting
It’s been 60 years since Opec was formed by founding members Saudi Arabia, Iran, Iraq, Kuwait and Venezuela.
Фильтр:
Нефть Global English Asia-Pacific Europe Latin America and Caribbean Middle East North America
16 сентября 2020
The Crude Report: Sour price cuts provide sweet relief to refiners?
Saudi Aramco announced its official prices for October-loading crude exports last week, and this episode discusses the impact of these prices on the Asian market.
Фильтр:
Нефть Asia-Pacific
09 сентября 2020
The Crude Report: Covid-19 downturn not Canada's first rodeo
Covid-19 and its related demand destruction has challenged the Canadian oil sands sector with losses, but producers have been well-prepared for turbulence after overcoming previous challenges.
Фильтр:
Нефть North America English
02 сентября 2020
The Crude Report: Guyana sweet on Liza
Earlier in August, the third lift of Guyana’s Liza crude was loaded from the ExxonMobil-operated Stabroek block.
Фильтр:
Нефть English Latin America and Caribbean
26 августа 2020
The Crude Report: Nigeria losing European market share to US
In this episode of The Crude Report, a podcast series on global oil markets, we look at the drop in Nigerian crude demand to Europe and the role of China in relieving the pressure.
Фильтр:
Нефть English Europe North America
19 августа 2020
The Crude Report: Opec+ meets again
With Opec+ slated to meet this week to discuss the state of the global crude oil industry and adjust their plans as needed, this episode of The Crude Report podcast evaluates the situation thus far.
Фильтр:
Нефть Global Africa Asia-Pacific Europe FSU Latin America and Caribbean Middle East North America English
12 августа 2020
The Crude Report: Chevron gets a Noble deal
In this episode of The Crude Report, a podcast series on global oil markets, we discuss Chevron’s $13bn acquisition of Noble Energy and what we’ve heard from other US oil companies regarding future M&A.
Фильтр:
Нефть Africa Asia-Pacific Europe FSU Global Latin America and Caribbean Middle East North America English
05 августа 2020
The Crude Report: Understanding China’s weak third quarter
In this episode of The Crude Report, a podcast series on global oil markets, we discuss how China’s crude oil purchasing activity has changed alongside oil prices and politics.
Фильтр:
Asia-Pacific Нефть Middle East North America English
29 июля 2020
The Crude Report: Coastal lights orbit closer to Mars
Over the past few months, the discount of the sour grade Mars has narrowed considerably against sweet grade LLS.
Фильтр:
Нефть North America English
12 июня 2020
Chinese crude oil markets reawaken
The global oil market is looking toward China for tangible signs of a worldwide revival. Still the world’s largest oil demand center, China is seeing a healthy return of crude demand, particularly in Shandong, their main import hub.
Фильтр:
Asia-Pacific Нефть English Europe FSU Africa Global Latin America and Caribbean Middle East North America
27 мая 2020
A market view of US crude exports
Although the volume of US crude exports is falling, there is still international demand for US crude, most notably in Europe, which has overtaken Asia as the largest regional buyer.
Фильтр:
Нефть North America English
13 мая 2020
Narrow arb blocks Canadian crude from USGC
Production cuts have supported Canadian crude prices at Edmonton and Hardisty, with the consequence of closing the arbitrage to the US Gulf coast.
Фильтр:
Нефть North America English06 апреля 2020
Podcast: Oh Canada – and its crude
The Alberta government’s recent announcement to partner with TC Energy on the northern part of the Keystone XL pipeline sparks a wider conversation on the current state of Canadian crude oil markets.
Фильтр:
Нефть North America English22 марта 2020
Podcast – Upside down: New price relationships in the US Gulf coast crude markets
Podcast: Long-stable crude oil price relationships at the US Gulf coast have been upended by the global crude supply/demand imbalance.
Фильтр:
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