Global demand destruction is the talk of the town since the spread COVID-19, but the interplay of various interdependent and complex markets presents a real challenge in forecasting the climb towards recovery. Mixed signals coming from the media and heads of markets further complicate matters as we all do our level best to keep our businesses running and our families healthy.

In this podcast, Mark Rossano of C6 Capital Holdings LLC takes us on a journey around the world to review key data trends he follows to run his analysis on the health of the economy and the global oil market. An exceptional data analyst at heart with a knack for understanding the big picture, Mark’s unique awareness of the markets is the source of a lively conversation about the present and future of the global supply/demand system.

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Transcript

Adam Cohen: Mark. Thanks for coming on the show today.

+1 516-***-**59: Sure, it's at thank you for having me. It's a pleasure to be on.

Adam Cohen: Yeah, and you and I had a good long

+1 516-***-**59: on

Adam Cohen: chat yesterday and I think I was just impressed by how detailed you are at, you know looking at all the different metrics that go into the global supply and demand cycle and and where we're at presently in the world.

+1 516-***-**59: No, I appreciate it. Yeah, we we definitely ran the gauntlet on some of those different topics and and one of the interesting things that wouldn't when you look at the supply demand metrics, you know, demand is becoming such a moving Target, you know, it's always been fluid but now with covid-19 and and the issues that we're seeing as countries and companies really struggle to restart. We're seeing this this counter balance of well where Supply going. Where should It Go And then who's buying it like, you know, if you think about refiners pet chems as the natural buyers of a huge chunk of this oil. What are they doing? Like what are they seeing on their end? And it's definitely A Tale of Two Cities and it's kind of hard to balance the two in terms of which economic data matters most, you know, which refiners going to make money and then what for finer like what crude is that refine are going to buy which is always a fun topic.

Adam Cohen: Yeah, so I just up front here. I just want to let everybody know all the listeners that will be sharing marks presentation that he had prepared for C6 Capital Holdings his company LLC where he CEO and founder and I think it's an incredible piece with a ton of metrics that you should definitely download. If you're even a little bit interested in you know, where we stand globally but Mark, can you tell us just a kid? Off what are some of the most key data points for you on a day-to-day basis like you only have so much time in the day and kind of seems like you're looking at everything what's kind of on your top 3 list of things you like to keep an eye on to to track Trends in the market.

+1 516-***-**59: Yeah, it's a great question. And and the thing that I always check on first is the you know, the refinery crack spreads on a global level. So I've been able to integrate that just to have it on one screen and I can quickly look at it and say okay where is gasoline trading or you'll what are the refinery margins for gasoline distillate and by distillate? I'm looking at heating oil gas oil jet. All and just trying to piece it together because you know, we know that there aren't planes in the air and if there are there's...