Asia, Europe rush to secure supplies as oil markets brace for sleepless nights
Asia, Europe rush to secure supplies as oil markets brace for sleepless nights

Asia, Europe rush to secure supplies as oil markets brace for sleepless nights

Marie-Émilie🌼

29 min
Business & Finance
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<p>The tug-of-war between Asia and Europe for sourcing oil is set to intensify as the European Union's ban on Russian seaborne crude inches closer. From Middle East to Africa, suppliers are already feeling the pressure of how to split supplies between different regions.</p> <p>In a wide-ranging discussion with Asia Energy Editor, <strong>Sambit Mohanty</strong>, S&P Global Commodity Insights' experts--<strong>Andy Critchlow</strong>, Head of News for Europe, Middle East and Africa, <strong>Paul Sheldon</strong>, Chief Geopolitical Advisor, and <strong>Kang Wu</strong>, Head of Global Oil Demand and Asia Analytics--share their insights on some of the biggest challenges the market may face after sanctions are imposed, the strategy of OPEC+ and the hurdles in making the G7 price cap work. </p> <p>Subscribe to <a title="Platts Dimensions Pro" href= "https://www.spglobal.com/commodityinsights/en/support/delivery-platforms/dimensions-pro?utm_content=podcast&utm_term=editorial&utm_campaign=2022editorial_PDP" target="_blank" rel="noopener">Platts Dimensions Pro</a> for access to assessments and premium content covering crude oil. </p> <p><strong>Related content</strong>: <a href= "https://www.spglobal.com/commodityinsights/en/market-insights/special-reports/oil/oil-security-sentinel" target="_blank" rel="noopener">Energy Security Sentinel</a></p>

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