Early-year bullish oil and commodity sentiment has been boosted by limited new restrictions due to Omicron and by supply-side tightness. Ongoing demand recovery seems assured for 2022, although a strong USD could place a cap over demand in key developing economies. By Argus Chief Economist, David Fyfe To receive this type of analysis more frequently, check out our Argus Crude and Refined Products Outlook ....
Jan 11, 2022•6 min•Ep. 346
A reta final antes da abertura do novo mercado de biodiesel, que acontece hoje, foi repleta de surpresas e resoluções de última hora. Junte-se a Camila Dias, chefe de redação da Argus no Brasil, e Amance Boutin, editor da publicação Argus Brasil Combustíveis . Elas conversam sobre esta transição e os principais desafios pela frente com o começo do novo modelo. Quer ficar por dentro de tudo que acontece no mercado de biocombustíveis?...
Jan 03, 2022•8 min•Ep. 345
Após diversos problemas enfrentados na safra 2020-21, os fretes de grãos tiveram uma trajetória irregular ao longo deste ano. Agora, com a expectativa de uma próxima safra recorde, sobretudo de soja, qual deve ser a tendência da demanda pelo serviço de transporte de grãos em 2022? E quais os principais projetos de infraestrutura que devem sair do papel para ferrovias, rodovias e portos? Junte-se a Camila Dias, chefe de redação da Argus no Brasil, e João Petrini, repórter da publicação Argus Bras...
Dec 29, 2021•8 min•Ep. 344
After having weathered the storm of uncertainty last month, expectations are that Opec and its non-Opec partners will once again opt to stick to the script and agree on a 400,000 b/d increase in its production ceiling, as planned. In this episode of The Crude Report , our Mideast Gulf Editor Nader Itayim discusses what Opec+ ministers will need to consider when they next meet on 4 January.
Dec 29, 2021•11 min•Ep. 343
This latest Weight of Freight podcast episode focuses on the effects of the pandemic on the Panama Canal, logistical changes made at the canal over the prior year and the increased transit volumes it saw during its 2021 fiscal year. Panama Canal Deputy Administrator Ilya Espino de Marotta joins Argus Freight Reporter Michael Connolly to discuss the canal’s record year, how they’re dealing with the ongoing pandemic, and recent changes to the canal’s operations. Argus Freight Market Highlight: Thi...
Dec 28, 2021•13 min•Ep. 342
The 300,000 b/d Trans Mountain pipeline connecting Canada’s crude hub to refineries and export hubs at the west coast was closed for three weeks starting in November as a precaution to extreme weather conditions. As a result, ANS crude demand and, therefore, prices surged. In this episode of The Crude Report , market reporters Brett Holmes and Benjamin Peyton explain how the Trans Mountain closure has affected both the Canadian supply and the North American west coast demand pictures....
Dec 22, 2021•8 min•Ep. 341
O turbulento momento do mercado de gás natural em todo o mundo, com preços altos e grande demanda, levou o Cade a autorizar a Petrobras que compre gás do Terminal da Bahia. A decisão trouxe a pergunta: isso atrasa a competição no mercado do gás natural no Brasil em 2022? Junte-se a Camila Dias , chefe de redação da Argus no Brasil, e Flávia Pierry , editora de Gás Natural e Energia, que falam sobre esse e outros efeitos que a decisão pode trazer. Quer ficar por dentro de tudo que acontece no mer...
Dec 22, 2021•13 min•Ep. 340
US and EU Hot-rolled coil (HRC) is the hot topic in this episode of Metal Movers featuring Colin Richardson, Editor - Steel, and Rye Druzin, Senior Steel Reporter. US HRC Midwest and southern assessments saw the largest drop since Argus began recording pricing and the lowest price since the beginning of June. Listen now to learn what is drying up domestic spot demand in the US, how the removal of section 232 tariffs may impact the US and EU markets and whether the automotive industry could overc...
Dec 17, 2021•17 min•Ep. 338
This latest Weight of Freight podcast focuses on the current and possible forward state of the clean tanker markets in the East and West of Suez. Fundamentally, demand is strong, but Covid-19 refuses to let the world move on. The latest Omicron variant has caused concerns and resulted in a more cautious market. In this episode, our freight and transportation specialists explore the impacts of Omicron on the clean tanker market. With Andrew Khaw, John Ollett and Sean Zhuang. Argus Freight Market ...
Dec 17, 2021•19 min•Ep. 339
Os preços do café atingiram níveis recordes em 2021 sob a influência da quebra de safra o Brasil, que foi bastante afetada pelo clima. Será que existe alguma chance de recuperar a produção na safra 2022-23? E a alta no preço dos fertilizantes também pode afetar a cafeicultura? A resposta para estas e outras perguntas você confere em mais um episódio do podcast Falando de Mercado . A editora de agricultura e fertilizantes da Argus no Brasil, Flavia Bohone, e a editora assistente de agricultura e ...
Dec 16, 2021•7 min•Ep. 337
How will a global tradeable market for hydrogen develop? What measures do stakeholders need to take? Is natural gas the closest analogue? Doug Wood, European Federation of Energy Traders (EFET) Board Member and Chair of its Gas Committee, and Matthew Drinkwater , Senior Editor Argus Natural Gas/LNG , join Tim Hard , SVP Energy Transition at Argus, to discuss what a tradeable market for hydrogen will look like. Get complimentary access to Argus Hydrogen and Future Fuels Service Download COP26 Ene...
Dec 16, 2021•30 min•Ep. 336
In with WTI Midland, and out with Brent and Forties – this is BP’s prescription for the future of the Dated Brent benchmark. But is the market ready for Brent-free Brent? Opinions remain sharply divided. In this episode of The Crude Report , Vice President James Gooder and Argus Crude Editor Michael Carolan discuss the complications of adding WTI into the Brent forwards market and go over some of the ways this could all play out, from the Brent market fragmenting to global benchmarking switching...
Dec 15, 2021•14 min•Ep. 335
As relações de troca no Brasil estão ficando pouco favoráveis para os agricultores e eles terão que ajustar sua produção aos preços elevados. Junte-se a Camila Dias, chefe de redação da Argus no Brasil, e Kauanna Navarro, Repórter da Publicação Argus Brasil Grãos e Fertilizantes, que conversam sobre esse tópico e seus impactos na demanda brasileira por fertilizantes. Quer ficar por dentro de tudo que acontece no mercado de grãos e fertilizantes?...
Dec 10, 2021•8 min•Ep. 334
The barter rates in Brazil are becoming unfavorable to the farmers and they will need to adjust to the new high prices. Join Camila Dias, Argus Brazil Bureau Chief, and Kauanna Navarro, Argus Brazil Grains and Fertilizers Reporter, as they talk about what about the topic and how it will impact the fertilizer demand in Brazil. Stay connected with the grains and fertilizers market
Dec 10, 2021•9 min•Ep. 333
Between SPR releases and Omicron, uncertainty was the underlying theme of last week’s monthly Opec+ meeting. And although they sanctioned another 400,000-b/d increase to their production quota in January, Opec+ ministers signaled they’d be watching developments closely and be ready to change course if needed. In this episode of The Crude Report , Editor-in-Chief Jim Washer and Mideast Gulf Editor Nader Itayim discuss the outcome of the meeting, the thinking behind the decisions taken, and the la...
Dec 08, 2021•14 min•Ep. 332
In this episode, we discuss the drivers behind PVC markets and the exciting launch of the new Argus Global PVC Service. A weekly pricing service containing the latest resin price assessments, along with demand information and detailed commentary on key PVC grades and market fundamentals. Muhamad Fadhil , Vice President of Global Business Development at Argus, talks to Argus Petrochemicals specialists, Alex Sands , European Editor of Petrochemicals and Michael Vitiello , European Petrochemicals S...
Dec 02, 2021•12 min•Ep. 331
O Brasil aproveita pouco mais da metade do gás natural que produz. Isso devido à reinjeção desse gás. O assunto divide produtores e consumidores e agora se tornou um tema de atenção da ANP, agência reguladora do setor. Junte-se a Camila Dias, chefe de redação da Argus no Brasil, e Flávia Pierry, Editora de Gás Natural e Energia, que conversam sobre o que a ANP planeja fazer para tentar equalizar o assunto, aumentando a oferta de gás aos consumidores sem comprometer os compromissos das petroleira...
Dec 01, 2021•12 min•Ep. 330
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. In this episode of The Crude Report , our vice president Jeff Kralowetz and Petroleum Transportation North America editor Chris Baltimore go over the latest developments with the US Wink-to-Webster, Capline and DAPL pipelines, and the Trans Mountain expansion and Enbridge Line 3 replacement projects in Canada....
Dec 01, 2021•20 min•Ep. 329
This latest episode in the Metal Movers series visits the world of battery metals, examining the global supply/demand landscape for lithium and cobalt. Tune in as Anuradha Ramanathan , Deputy Editor – Minor Metals, and Thomas Kavanagh , Associate Editor - Battery Metals, dive into a discussion on two crucial battery metals – lithium and cobalt. The podcast explores near and medium-term demand, the impact of supply tightness, upcoming projects that could shift the current import/export dynamic, a...
Nov 26, 2021•17 min•Ep. 328
Desde outubro, vemos um maior interesse comprador de diesel importado nos portos do Sul e do Sudeste, mesmo com os valores bem acima do produto comercializado nas refinarias da Petrobras. Junte-se a Camila Dias, chefe de redação da Argus no Brasil, e Gabrielle Moreira, repórter da publicação Argus Brasil Combustíveis. Elas conversam sobre os fatores que tem estimulado essa demanda e seus desdobramentos. Quer ficar por dentro de tudo que acontece no mercado de combustíveis?...
Nov 25, 2021•6 min•Ep. 327
As crudes from every region compete for market share in Asia-Pacific, refiners are gaining influence over the pricing mechanisms they prefer. Price discovery increasingly takes place at the delivery point, and while Shandong pioneered this trend, larger refiners elsewhere in China, India, South Korea and Southeast Asia aim to align the pricing of Atlantic basin imports with Middle Eastern supplies. In this episode of The Crude Report , Argus vice presidents Alejandro Barbajosa and Tom Reed discu...
Nov 24, 2021•11 min•Ep. 326
China’s October steel output fell to its lowest level ever since December 2017. This episode of Metal Movers focuses on China’s next steps to reach its output and emissions targets. Join Chris Newman, Senior Editor – Ferrous Markets, and Sharon Liao, Lead Analyst – Asia Steel, as they discuss the latest numbers for China’s steel production, including seasonal restrictions, export numbers, domestic demand and the impact of Beijing’s 2022 Winter Olympics. Sign up for our free Argus Metals Market H...
Nov 19, 2021•12 min•Ep. 325
Some observers have been surprised by the stubbornly slow response of US shale production to WTI’s ascent towards $80/bbl. Sector consolidation, 2021 hedging losses and an ongoing imperative to show financial discipline have been widely noted before. But now supply-chain bottlenecks and cost inflation are also afflicting the shale sector, just as they are the broader economy. With David Fyfe, Chief Economist for Argus Media. Visit www.argusmedia.com for more on commodity market pricing, market i...
Nov 18, 2021•7 min•Ep. 324
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. In this episode of The Crude Report , associate editor Amanda Hilow and vice president Jeff Kralowetz review what changes the market has had since September and discuss the volatility of various market fundamentals that will affect crude flows through the remainder of 2021. Argu...
Nov 17, 2021•12 min•Ep. 323
Vimos o Brasil novamente submetido ao risco de racionamento. E, como resultado, os altos custos da geração termelétrica emergencial. Possivelmente, parte dos problemas do setor elétrico brasileiro poderiam ser resolvidos se o país parasse para debater e atualizar o PLD, ou o Preço de Liquidação das Diferenças, o preço da eletricidade no mercado de curto prazo. Junte-se a Camila Dias, chefe de Redação da Argus no Brasil, e Flávia Pierry, Editora de Gás Natural e Energia. Elas conversam sobre as p...
Nov 16, 2021•11 min•Ep. 322
As we near the end of 2021 and look back at the year we’ve seen a relatively strong Covid-19 recovery, supply chain shortages and impending winter energy constraints. Join Jason Metko and Stephen Jones for a look at the current oil market landscape and what’s to come in the remainder of 2021, the first part of 2022 and a quick recap on the COP26 Climate Summit. Learn more about Argus’ global oil products coverage Listen to other episodes in the Driving Discussions series See more Argus coverage ...
Nov 16, 2021•16 min•Ep. 321
Our latest episode of Metal Movers invites a special guest to talk about the role of technology in driving the automotive industry to a greener future. Join Caroline Messecar, Senior Reporter, Rare Earths/Electronic Metals as she quizzes Dave OudeNijeweme, Head of technology trends at Advanced Propulsion Centre, a non-profit organisation that facilitates funding to UK-based research and development projects developing low-carbon emission powertrain technologies. Our speakers explore the viabilit...
Nov 15, 2021•19 min•Ep. 320
Brazil has launched discussions to boost the output of fertilizer and inputs for the domestic agriculture sector, but progress remains slow with dependency on imports strong. Difficulties in negotiating for the natural gas needed for nitrogen production is one of the reasons for the low Brazilian fertilizer production. Join Camila Dias, Argus Brazil Bureau Chief, and Kauanna Navarro, reporter of the Argus Brazil Grains and Fertilizer publication. They discuss why the Brazilian fertilizer depende...
Nov 11, 2021•7 min•Ep. 319
O Brasil recentemente lançou discussões de alternativas para aumentar a produção nacional de fertilizantes e insumos para o setor agrícola doméstico, mas o progresso continua lento, com forte dependência de importações. A dificuldade de negociação do gás natural necessário para a produção de nitrogenados é um dos motivos da baixa produção brasileira de fertilizantes. Junte-se a Camila Dias, chefe de redação da Argus no Brasil, e Kauanna Navarro, repórter da publicação Argus Brasil Grãos e Fertil...
Nov 11, 2021•6 min•Ep. 318
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 other countries would result in a significantly lower share for fossil fuels in the energy mix. But oil, gasoline and natural gas prices are at seven-year highs, giving Biden’s critics an opening to push back against his decarbonisa...
Nov 10, 2021•16 min•Ep. 317
