S&P Global Commodity Insights

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



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
Moderater 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: The recent market evolution of our key benchmarks

  • Turkish ferrous scrap amid growing raw material trade restrictions and the impact on prices
  • Turkish rebar market update and the EU’s Carbon Border Adjustment Mechanism Indian ferrous scrap and the pathway to decarbonisation

Abdi Salad, Price Reporter, EMEA Ferrous Scrap

12:00 pm

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

12:10 am

Panel discussion and Q&A

Sasha Foss, Managing Editor, EMEA Light Ends
Abdulaziz Ehtaiba, Petrochemicals Pricing Manager
Moderater Frank Zeng, Senior Partner, Price Group 

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?

Eleanor Budds, Research and Analysis Director, 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

*Agenda subject to change



Speakers

Malick.jfif
Malick Diallo
VP EMEA Sales
Rowan Staden-Coats, Managing Editor, EMEA Residual Fuels, S&P Global2.jpeg
Rowan Staden-Coats
Manager EMEA Residual Fuels
Abdulaziz Ehtaiba.jpg
Abdulaziz Ehtaiba
Petrochemicals Pricing Manager
Rituparna Nath.jpg
Rituparna Nath
Senior Price Reporter, Ferrous Metals
Payam.jfif
Payam Hashempour
Associate Director
Coralie Laurencin, Research & Analysis Director, S&P Global Commodity Insights.jpg
Coralie Laurencin
Research and Analysis Director

Abdi Salad Webinar Headshot.jpeg
Abdi Salad
Price Reporter
Coralie Laurencin, Research & Analysis Director, S&P Global Commodity Insights.jpg
Tatiana Bondar
Associate Director, Global Fibres Market

Andy O
Andy Orszynski
Director, Chemicals

Anna Galtsova, Research & Analysis Director, S&P Global Commodity Insights.jpeg
Anna Galtsova
Senior Director

Virginie Malicier 200x200.jpg
Virginie Malicier
Managing Editor, EMEA Middle Distillates

Sasha Foss
Sasha Foss
Managing Editor, EMEA Light Ends

Eleanor
Eleanor Budds
Research Director

Niko
Nikolaos Aidinis-Antonopoulos
Managing Editor, EMEA Freight Markets

Frank
Frank Zeng
Associate Director, Price Group Partner, Global Oil

Martin
Martin Ginesta
AI Ready Data Specialist
Marina
Marina Ledakis
Associate Price Reporter, Shipping