Argus Media

In this episode, Michael Ball, editor of Air Daily speaks with carbon reporter Ida Balakrishna as she examines the recent surge in RGGI allowance prices and the market forces driving unprecedented volatility. The discussion explores how Virginia’s earlier-than-expected return is raising supply concerns, alongside rising emissions, growing data center-driven power demand, and shifting compliance strategies. They also unpack recent auction surprises, seasonal demand factors, and potential regulatory responses shaping the outlook for the RGGI market.

Key Takeaways:

In this episode, George Maher-Bonnett (Deputy Editor — European Products Report) speaks with Josh Michalowski (Reporter — European Diesel & Gasoil) and Gabriella Twining (Global Editor — Base Oils and Waxes) about the refining tug-of-war between diesel and base oils. They discuss how record diesel cracks have been driving refiners’ decisions, how supply resilience is masking structural risks, and why the summer driving season could deepen a squeeze across the lubricants chain.

Key themes:

Diesel cracks: $46/bbl in June, more than double seasonal norms

Refiners prioritise middle distillates over base oils despite uplift

Group 3 imports collapse after Gulf supply halts, pushing prices to records

Summer demand risk: strong diesel runs vs tightening base oil availability

Podcast description:

The biomass industry is increasingly partaking in conversations around carbonised biomass, but confusion still arises over which term is the correct one, and what each term means.

In this episode of the Biomass Beat, host Hannah Adler speaks with Chris Wiberg of Biomass Energy Lab (BEL) to unpack the complexities behind biocoal, biocarbon, biochar and charcoal, exploring how these materials are defined, produced, and used across industries ranging from energy to agriculture.

In this episode, you'll discover:

A clear breakdown of terminology in the biocarbon sector- and why so many products sound similar but can differ

How product specifications and feedstocks vary, from high-grade wood to waste-based

An exploration of end uses, including energy generation, soil health, industrial inputs, and carbon removal

Insights into market development and standardisation, and why clearer definitions can unlock further investment

Argus offers biomass prices, news, analysis, and consulting. Get more information and request a free trial.

La guerra en Medio Oriente fragmentó el mercado global de gasolina y creó dinámicas regionales de precios distintas. Los compradores de combustible en América Latina y en otras regiones se ven obligados a gestionar mejor sus riesgos con herramientas de arbitraje geográfico y de calidad, como los escaladores de RVP y octanaje. Escuche las discusiones sobre estas tendencias entre Nazareno Ferrero, gerente sénior de desarrollo de negocios de Argus en Buenos Aires, y Camila Fontana, sub jefa de la redacción en São Paulo.

Los temas discutidos en este episodio incluyen: 

Flujos de gasolina y patrones de precios antes y después de la guerra 

Referencias globales de precios 

Asia pasa de equilibrada a deficitaria en gasolina 

Europa y la Costa del Golfo ganan importancia como proveedores globales 

Uso de escaladores de RVP y octanaje en las decisiones de negociación 

The war in the Middle East fragmented the global gasoline market and created distinct regional pricing dynamics. Fuel buyers in Latin America and beyond are forced to better manage their risks with geographic and quality arbitrage tools, like RVP and octane scalers. To learn more, listen to this conversation between Nazareno Ferrero, Argus Senior Business Development Manager based in Buenos Aires, and Camila Fontana, Deputy Bureau Chief of the Argus office in Sao Paulo.

Topics discussed on this the episode include: 

Gasoline flows and price patterns before and after the war  

Global price benchmarks  

Asia shifts from balanced to short in gasoline  

Europe and the Gulf Coast gains importance as a global suppliers 

Using RVP and octane scalers in trading decisions 

A guerra no Oriente Médio fragmentou o mercado global de gasolina e criou dinâmicas regionais de precificação distintas. Compradores de combustível na América Latina e em outras regiões são forçados a gerenciar melhor seus riscos com ferramentas de arbitragem geográfica e de qualidade, como os escaladores de RVP e octanagem.  Ouça as discussões sobre essas tendências entre Nazareno Ferrero, gerente sênior de desenvolvimento de negócios da Argus em Buenos Aires, e Camila Fontana, chefe adjunta da redação em São Paulo. 

Os tópicos discutidos neste episódio incluem: 

Fluxos de gasolina e padrões de preços antes e depois da guerra 

Referências globais de preços 

Ásia passa de equilibrada para deficitária em gasolina 

Europa e Costa do Golfo ganham importância como fornecedores globais 

Uso de escaladores de RVP e octanagem nas decisões de negociação 

This podcast explores how the ongoing conflict in the Middle East has disrupted global tanker markets, with a focus on both crude and clean petroleum product (CPP) shipping.

The discussion focuses on the impact of the US–Iran war on freight rates, trade flows, vessel movements, supply chains, and the outlook for tanker markets in Asia and globally.

On this week’s Strait Talk, we dive into the geopolitical headwinds facing a US–Iran deal, with Israel and Lebanon at the centre of the challenge.

Hear Argus’ essential analysis fertilizer demand destruction, as the impact the Middle East conflict continues to shake global markets. This episode focuses on what demand destruction is, why it’shappening and how the ripple effects could hit North America, South America and Europe.

We also explore whether farmers are delaying application, if crop margins are collapsing, food inflation – and how governments are responding.

In episode one of “Oil in Focus” David notes a weakening oil complex since mid-May, despite scant progress in re-opening the Hormuz Strait. He suggests that Iran may struggle for widespread acceptance of proposed transit fees, leaving commodity flows minimal. But there’s evidence that demand restraint and stock draws for now are capping price rises.