Argus Media

The Crude Report APAC Series: Middle East Sour Crude

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The podcast discusses the recent decline in Middle East sour crude prices amid global oversupply and shifting trade flows. Argus crude experts explore the impact of OPEC+ production changes, alternative crude sources, and the effects of sanctions on market demand.

Main topics: 

  • OPEC+ production increases and their effect on the Middle East sour crude oversupply
  • Shifting demand patterns due to sanctions on Russian oil and increased competition from Brazil, Canada, and Guyana
  • Pricing strategies and market share defense by Middle East producers in response to global competition
    • ...more
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    Argus MediaBy Argus Media
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