Istanbul Commodity Insights Briefing

Hear market updates and the latest insights.

We are excited to invite you to the S&P Global Commodity Insights Briefing which will be held in-person in Istanbul, Turkey on June 25, 2025.

This complimentary event promises a dynamic agenda filled with market updates and the latest insights into the region's energy sectors. Our team of experts will be available to share their analyses and engage in discussions on critical topics.

Stay tuned for agenda updates in the upcoming weeks.

FREE EVENT STARTS IN

Agenda

Platts Benchmark Briefing - Morning
Market Briefing

Morning Session

8:15 am	Registration & networking
9:00 am	Opening remarks Frank Zeng, Senior Partner, Price Group
	From Land to Sea: Changes in the Mediterranean Fuel and Shipping Pricing Landscape
9:10 am	Mediterranean road transportation markets: The evolution of supply and demand fundamentals and key price benchmarks From strong diesel demand in the Black Sea to the narrowing middle distillates sulfur spread Gasoline demand continues to grow in Europe and the Med, while exports to WAF have not disappeared Virginie Malicier, Managing Editor, EMEA Middle Distillates
9:30 am	Impact of Med Emission Control Area and Red Sea vessel diversions on Med fuel oil markets Med ECA: Impact on regional residual fuel supply & demand Methodology developments in response to Med ECA Vessel's avoidance of the Red Sea and the impact on European fuel oil markets Rowan Staden-Coats, Manager EMEA Residual Fuels
9:50 am	Insights into the Tanker Freight Landscape for Crude and Refined Products Impact of geopolitics & regulations on rates and operations Freight rate trends and market sentiment Shipping capacity and fleet composition Marina Ledakis, Associate Price Reporter, Shipping
10:10 am	Panel discussion and Q&A Virginie Malicier, Managing Editor, EMEA Middle Distillates Nikolaos Aidinis-Antonopoulos, Managing Editor, EMEA Freight Markets Rowan Staden-Coats, Manager EMEA Residual Fuels Moderator: Frank Zeng, Senior Partner, Price Group
10:30 am	Networking Break
	Navigating pricing challenges and opportunities in developing markets
10:50 am	Bringing LPG price transparency to markets: Mediterranean supply, demand and price benchmarks Supply & Demand fundamentals in the Mediterranean LPG market after rearrangement of flows New Black Sea and CIF Med large cargo assessments launched Sasha Foss, Managing Editor, EMEA Light Ends
11:10 am	Polymers update: Turkey's polymer market faces rising competition and demand uncertainty Turkey’s polymer markets face headwinds ranging from oversupply to economic conditions and the market impact The region is set to see significant capacity expansion, with Turkey seen as a favourable import location, what could this mean for polymer prices? Abdulaziz Ehtaiba, Petrochemicals Pricing Manager
11:30 am	Metals update: Evolution of our key benchmarks and impacts of CBAM Impact of the EU’s Carbon Border Adjustment Mechanism on global aluminum and steel How CBAM could change supply and demand fundamentals, increased demand for low-carbon and scrap products Update price trend for the on Turkish ferrous scrap and rebar markets Alice Mason, Global Market Engagement Leader, Energy Transition
11:50 am	Bringing transparency to Bitumen & Base Oil markets Bitumen market update Overview of Platts bitumen and base oils methodologies Charlie Wright, Senior Editor, EMEA Residual Fuels
12:00 pm	Cement update Platts CEMDEX and FOB Turkey Clinker assessments: Providing essential price transparency for the global cement value chain Frank Zeng, Senior Partner, Price Group
12:10 pm	Fireside chat What challenges and opportunities lie ahead for the Med petrochemical, metals and industrial materials sectors in the face of new regulations such as the EU's Carbon Border Adjustment Mechanism (CBAM) Frank Zeng, Senior Partner, Price Group Abdulaziz Ehtaiba, Petrochemicals Pricing Manager Moderator: Alice Mason, Global Market Engagement Leader, Energy Transition
12:25 pm	Closing remarks followed by networking lunch Frank Zeng, Senior Partner, Price Group

*Agenda subject to change

Afternoon Session

1:00 pm	Registration and networking
2:00 pm	Opening remarks Malick Diallo, VP, EMEA Sales, S&P Global Commodity Insights
2:10 pm	OPEC+ takes centre stage: OPEC+ decisions now primarily driver of oil prices, not Trump Dizzying changes in US tariffs create uncertainty, likely negatively affecting oil demand Market balance indicators point to rising global inventories Payam Hashempour, Associate Director, Crude Oil and Refining Research, S&P Global Commodity Insights
2:40 pm	Volatility abounds – tariff turbulence and the supply-demand balancing act: Tariffs and demand revisions – what are our assumptions on the demand response to uncertainty around US tariffs? The balance of new refinery ramp-ups versus refinery closures will drive product crackspreads and refinery margins - when will the market tip into excess supply, and how will margins respond? Samy Tamarat, Principal Analyst, S&P Global Commodity Insights
3:10 pm	Networking break
3:30 pm	European and Turkish Gas: Market outlook Recent changes in European gas supply and demand outlook Medium-term TTF gas price outlook Mid-term and long-term uncertainties around Russian gas supply (pipeline and LNG) to Europe European gas long-term update: key considerations and uncertainties Russia’s pivot to the East: updates on Russia’s long term gas strategy Turkey gas market update and long-term view: changing supply mix and its expanding role as a re-exporter to European markets Anna Galtsova, Research and Analysis Director, S&P Global Commodity Insights
4:00 pm	Olefins & Polymers: Continued over-supply of olefins and polyolefins – when will the industry rebalance? Rationalization gaining momentum – will it help end the downcycle? Tariffs, trade-wars and uncertainty in a time of olefin oversupply Andy Orszynski, Director, Chemicals, S&P Global Commodity Insights Incremental role of Aromatics & Fibers in pivoting the Energy transition landscape’ Refinery product peaks and what that means for aromatics value chain China’s position today + 15th 5 year plan PES and PA fibers demand driven by fashion and other sectors PX-PTA-PES-Textiles-Apparel-Consumer Goods - US tariffs implications for Turkey Tatiana Bondar, Associate Director, Global Fibers Markets, S&P Global Commodity Insights
4:30 pm	Navigating CBAM: Implications for Turkish Exports to Europe Turkey is a growing energy market and one that is on a transformative journey to decarbonize. One challenge is the introduction of Europe’s Carbon Border Adjustment Mechanism (CBAM). Given Turkey's deep trading ties with Europe, understanding the implications of CBAM is crucial. This session will explore: The rationale behind Europe’s CBAM Potential future changes as Europe’s focus shifts from climate to competitiveness and affordability What these developments mean for Turkish producers. Coralie Laurencin, Research and Analysis Director, S&P Global Commodity Insights
5:00 pm	AI Ready Data: Leveraging Market Insights and AI Capabilities Brief overview of the AI Ready Data initiative and its strategic importance Addressing issue data quality with AI models trained on market intelligence Example AI Ready Data integrated to an agent Martin Ginesta, AI Ready Data Specialist, S&P Global Commodity Insights
5:20 pm	Closing and networking drinks reception