OPIS Talks

OPIS TALKS REFINED FUELS: Europe entered the summer facing fears of a jet fuel shortage, as the closure of the Strait of Hormuz threatened a major source of supply just as air travel demand was reaching its seasonal peak. But the market found a way to close the gap: European refiners increased jet fuel yields, while additional volumes from the US and Nigeria helped offset disrupted Middle East flows. The latest episode of OPIS Talks examines what this response reveals about the resilience—and continuing tightness—of Europe’s refined products market. Reagan Pritchard, OPIS lead editor for the U.S. Gulf Coast Distillates Market, speaks with Jaime Llinares, managing editor for Europe Refined Products and editor of the Europe Jet, Diesel & Gasoil Report. They discuss the outlook for imports as the market moves into the lower-demand winter season, how European airlines’ fuel hedging strategies have limited the impact on fares and capacity, and why rising sustainable aviation fuel mandates will become increasingly important despite SAF’s current cost premium. Tune in for an expert view of the supply, pricing, airline and policy dynamics shaping European jet fuel. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS CHEMICALS: In this episode of OPIS Talks, Anton Schweitzer, Co-Founder and Business Developer at bse Methanol, joins Mariana Santos Moreira, Thought Leadership Director at Chemical Market Analytics, to discuss the technologies reshaping the methanol industry. From the impact of geopolitical instability in the Middle East and shifting industrial policies to the critical role of the energy transition, they explore the key market dynamics influencing producers, consumers, and traders around the world. The conversation examines bse Methanol’s "Flex Methanol" technology—modular 10MW and 20MW units designed to utilize renewable energy and waste heat—and how these decentralized solutions offer a pathway to decarbonization for refineries and emerging markets in regions like Nigeria and Angola. They also discuss the future of Power-to-X, the synergetic potential of combining green and gray production methods, and whether modular, flexible technology can bridge the gap between volatile renewable energy supplies and consistent industrial demand. Continue the conversation at the World Methanol Conference, taking place 29 September–1 October 2026 in Rotterdam, Netherlands. As a thank you for listening, use promo code TPOD15 to receive 15% off your conference registration. Visit chemicalmarketanalytics.com/wmc to register. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS RENEWABLES: Renewable Identification Number (RIN) credits under the Renewable Fuel Standard have hit record-highs for much of 2026, on the back of ambitious blending targets finalized by the Environmental Protection Agency in March. Bloomberg Intelligence Equity Research Analyst Brett Gibbs and OPIS Biofuels Director Jordan Godwin discuss the current state of play in U.S. biofuels policy and how the markets have responded. Find out more about the 18th annual OPIS RFS, RINs, and Biofuels Forum in Chicago on October 13th: https://www.opis.com/rfs-rins-biofuels-forum Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS LPG: El mercado de GLP en América Latina está entrando en una nueva etapa. Geopolítica, volatilidad, infraestructura y nuevas fuentes de suministro están redefiniendo cómo la región compra, transporta y consume GLP. Pero ¿qué factores realmente están moviendo el mercado y cuáles son simplemente ruido? En este episodio de GLP en Conexión, Adrian Calcaneo, Vicepresidente de Energía y Materias Primas en OPIS, conversa con Fabricio Duarte, Director Ejecutivo de la AIGLP, para analizar las fuerzas que están transformando el mercado regional y, sobre todo, qué significan para las empresas que deben tomar decisiones de suministro, inversión y gestión de riesgo. En este episodio analizamos: Geopolítica vs. fundamentos: ¿por qué Mont Belvieu se mantuvo relativamente estable incluso ante las tensiones en el estrecho de Ormuz? ¿Qué nos dice esto sobre los verdaderos fundamentos del mercado? Spot vs. contratos de largo plazo: el costo —y el riesgo— de depender del mercado spot y las lecciones que dejan mercados como Colombia y Perú. Un nuevo mapa de suministro: cómo Vaca Muerta y Guyana podrían cambiar los flujos regionales, diversificar el abastecimiento y reducir la dependencia del Golfo de Estados Unidos. Infraestructura y seguridad energética: el creciente papel del GLP en la generación eléctrica, la industria y las estrategias de seguridad energética de América Latina. Lo que viene: las señales que compradores, distribuidores, productores e inversionistas deberían observar durante los próximos meses. Más que explicar lo que ya ocurrió, este episodio busca entender qué viene después. Escuche GLP en Conexión para obtener una perspectiva estratégica sobre los cambios que están redefiniendo el mercado latinoamericano de GLP y las oportunidades y riesgos que podrían marcar el próximo trimestre. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS CARBON: The latest OPIS Talks episode examines the European Commission’s proposed overhaul of the EU Emissions Trading System and what it could mean for carbon pricing, industrial decarbonization and competitiveness across Europe’s energy-intensive sectors. The discussion breaks down the most consequential elements of the proposal, including a slower post-2030 cap decline, new industrial support mechanisms, conditional free allocation and the possible return of international carbon credits, all against a backdrop of geopolitical strain, market volatility and the EU’s 2040 climate target. Host Humberto J. Rocha speaks with OPIS carbon reporter Nia Simeonova about how the market has reacted so far, what the proposed changes could mean for European industry and why the negotiations ahead may reshape the balance between climate ambition and industrial policy. Tune in for a clear, timely look at the policy proposals, market signals and political fault lines that will help determine where the EU carbon market heads next. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS COAL, METALS & MINING: In this Tariff Talk episode of OPIS Talks, James Stevenson and Charles Dayton discuss how U.S. support for the Japanese yen, persistent disruption to crude flows through Hormuz and Bab el-Mandeb, and tightening diesel availability are reshaping energy and commodity markets right now. The conversation connects currency intervention, shipping chokepoints, refinery constraints and China's import behavior to the risks facing mining companies and other fuel-intensive industries. James and Charles unpack what these developments could mean for diesel costs, supply security and the policy moves that may shape markets heading into the U.S. midterms. Tune in for a clear look at the trade flows, market signals and downside risks you should be watching next. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS CHEMICALS: The Middle East conflict triggered extreme price volatility and shifted global trade flows, but the most lasting impact is a fundamental change in Chinese production. In this episode, Joel Morales, Vice President, Polyolefins Americas, breaks down why China’s temporary pivot from importer to net exporter has permanently altered the supply landscape. Learn about current demand loss, whether it might recover and what producers should expect as oversupply challenges persist through 2030. You’ll also find out how China leveraged inventory to fill supply gaps, the harsh reality of "lost consumption" in 2026 versus the expected bounce-back, and how the natural gas-to-oil spread is currently sustaining US production. Continue the discussion at the Global Plastics Summit in Houston, Texas, on November 2-4, 2026. As a thank you for listening, use promo code TPOD15 to receive 15% off your conference registration. Visit chemicalmarketanalytics.com/gps to register. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS CHEMICALS: In this episode of OPIS Talks, Ana Lopez, Executive Director, Inorganics North America, Chemical Market Analytics by OPIS, joins Mariana Santos Moreira, Thought Leadership Director, to discuss the forces shaping today's global PVC market. From the impact of the Middle East conflict on regional producers and trade flows to mainland China's growing advantage in carbide-based PVC production, they explore the market dynamics influencing supply, pricing and competitiveness. The conversation also examines the industry's long-term oversupply outlook, the implications for margins and operating rates, and how mainland China's renewed focus on coal-to-chemicals could shape future investment and production. Continue the conversation at the Global Plastics Summit, taking place November 2-4, 2026 in Houston, TX. As a thank you for listening, use promo code TPOD15 to receive 15% off your conference registration. Visit chemicalmarketanalytics.com/gps to register. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS CHEMICALS: In this episode of OPIS Talks, Director of Methanol – Americas, Chemical Market Analytics by OPIS, Maia Dolan, joins Mariana Santos Moreira, Thought Leadership Director, to discuss the forces reshaping global methanol markets. From tightening U.S. sanctions affecting Iran, Russia and India to shifting trade flows and China's methanol-to-olefins (MTO) economics, they explore the key market dynamics influencing producers, consumers and traders around the world. The conversation also examines natural gas feedstock availability, the outlook for major export hubs, the evolving opportunities for blue and green methanol, and whether today's geopolitical uncertainty could delay the maritime industry's transition to low-carbon e-methanol. Continue the conversation at the World Methanol Conference, taking place 29 September–1 October 2026 in Rotterdam, Netherlands. As a thank you for listening, use promo code TPOD15 to receive 15% off your conference registration. Visit chemicalmarketanalytics.com/wmc to register. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS REFINED FUELS: In this episode of OPIS Talks’ limited series on refined spot products, Reagan Pritchard speaks with OPIS Chief Oil Analyst Denton Cinquegrana and Senior Journalist, Mexico Fuels, Karla Omaña about how rising Venezuelan crude flows could reshape fuel dynamics between the U.S. Gulf Coast and Mexico. They discuss what still needs to happen before Venezuela can become a more substantial force in global oil markets, why U.S. Gulf Coast refiners remain well positioned to process Venezuelan crude, and how Mexico’s push for greater energy independence is affecting refining, imports and supply strategy. The conversation also examines Pemex’s dominant role in the Mexican fuels market, the significance of its agreement with Petrobras, the operational challenges at Dos Bocas, and how renewed conflict involving Iran could influence fuel prices across the Western Hemisphere. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS REFINED FUELS: In this episode of OPIS Talks’ limited series on refined spot products, Reagan Pritchard speaks with OPIS Chief Oil Analyst Denton Cinquegrana and Senior Journalist, Mexico Fuels, Karla Omaña about how rising Venezuelan crude flows could reshape fuel dynamics between the U.S. Gulf Coast and Mexico. They discuss what still needs to happen before Venezuela can become a more substantial force in global oil markets, why U.S. Gulf Coast refiners remain well positioned to process Venezuelan crude, and how Mexico’s push for greater energy independence is affecting refining, imports and supply strategy. The conversation also examines Pemex’s dominant role in the Mexican fuels market, the significance of its agreement with Petrobras, the operational challenges at Dos Bocas, and how renewed conflict involving Iran could influence fuel prices across the Western Hemisphere. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS COAL, METALS & MINING: In this Tariff Talk episode of OPIS Talks, James Stevenson and Charles Dayton discuss why crude markets may be understating real geopolitical risk, with a focus on flows through the Strait of Hormuz and the vulnerability of the Bab el-Mandeb as an alternate outlet for Middle Eastern supply. They also examine what a weaker Japanese yen could mean for global debt markets and why current Treasury signals suggest borrowing costs may stay higher for longer than many market participants expect. For energy, metals and mining audiences, the conversation zeroes in on the macro and shipping risks that could shape fuel, freight and broader commodity markets in the weeks ahead. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS COAL, METALS & MINING: In this Tariff Talk episode of OPIS Talks, James Stevenson and Charles Dayton examine the latest US-Iran memorandum of understanding and why any reopening of the Strait is unlikely to bring an immediate return to normal energy flows. They discuss why the market may be underestimating the time, cost and logistical hurdles involved in restoring crude, LNG and refined-product movement, even after a ceasefire. The conversation also looks at what tighter inventories and ongoing uncertainty could mean for diesel buyers and risk management, particularly for mining and industrial customers. The episode closes with a look at newly announced Section 301 tariffs and why tariff uncertainty may be on firmer legal footing rather than fading away. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS REFINED FUEL: The global shipping and freight landscape has undergone a chaotic transformation as an ongoing conflict between the U.S. and Iran completely scrambles global product flows. In the episode of OPIS Talks, the first of a limited series on refined spot products, Reagan Pritchard, OPIS lead editor for the U.S. Gulf Coast Distillates Market, joins Tom Sosnowski, associate director of global marine fuels for OPIS, to analyze this sudden disruption. They discuss how a three-month shutdown of the Strait of Hormuz has trapped 1,600 vessels, forcing traffic around the Cape of Good Hope and sending freight rates to astronomical heights. They also evaluate logistical stopgaps, such as Saudi Arabia's Yanbu terminal, and detail how the Trump administration's Jones Act waivers enabled foreign-flagged ships to deliver critical fuel from the U.S. Gulf Coast to California. Finally, they examine the extensive 18-to-22-week timeline required to safely restore normal maritime transit. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS COAL, METALS & MINING: In this latest Tariff Talk Charles and James focus — again — on Iran. We talk about how the situation might play out and why a deal is so hard to come by. We discuss risks stemming from the Iran situation, and particularly focus on diesel. We also talk about how some miners — notably those in Indonesia where James just visited — are reacting to the current situation. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS COAL, METALS & MINING: Charles Dayton and James Stevenson discuss the ongoing war in the Middle East. They discuss likely timeframes for its duration, and what its commodity impacts are. We focus on impacts on LNG, and flow-through impacts on coal demand. And we close with some discussion of some of the larger Iranian strategies in the war, such as weakening the petrodollar. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS ENVIRONMENTAL COMMODITIES: Humberto J. Rocha sits down with senior markets editor Henry Kronk to unpack CORSIA — the UN-backed scheme pushing airlines to limit growth in emissions through sustainable aviation fuel and carbon credit retirements. Henry walks us through the tightening supply of CORSIA-eligible credits, the process and politics of credit authorization under the Paris Agreement, and what a potential U.S. exit could mean for prices, compliance risk and competition in global aviation. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS ENVIRONMENTAL COMMODITIES: Humberto J. Rocha sits down with Svenja Telle, CEO of Denominator, to explore the work involved in building the infrastructure behind credible carbon data. Svenja walks us through Denominator’s five-stage AI pipeline, how it's used in real-world deployments — from Middle East CCS to Latin American green ammonia — and why machine-verifiable carbon accounting is becoming essential for lenders, regulators and industrial producers. Tune in to learn more about Environmental Attribute Certificates (EACs), climate-tech financing barriers and why Svenja, who will be at CERA Week this month, sees Denominator as an infrastructure company first, and a climate tech company second. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS ENVIRONMENTAL COMMODITIES: In this episode of OPIS Talks, host Humberto J. Rocha sits down with Guadalupe Ruiz, Principal Carbon Markets Analyst at Dow Jones, to unpack the dramatic shifts in European carbon markets over the past year. Guadalupe breaks down the three major trends that shaped EU carbon allowance (EUA) prices in 2025: the evolving relationship between natural gas and carbon prices as renewables reshape the power sector, the impact of US tariffs and trade policy uncertainty on industrial demand, and the unprecedented surge in investment fund positioning that reached all-time highs this year. As 2026 unfolds, the conversation turns to the sharp reversal in market sentiment, driven by profit-taking, geopolitical tensions, and speculation around potential policy changes. Guadalupe also explores the upcoming EU ETS review, what it could mean for supply and demand dynamics, and how the UK-EU carbon market linkage is influencing price correlations. Whether you're tracking compliance obligations, investment strategies, or policy developments, this episode offers essential insights into the forces driving European carbon markets—and what to watch for in the months ahead. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.

OPIS TALKS RENEWABLES: Jordan Godwin, Director of Renewable Fuels Pricing and News at OPIS, chat with Fred Ghatala, President of Advanced Biofuels Canada, to unpack the seismic shifts happening in Canadian biofuels policy. With the U.S. Inflation Reduction Act's 45Z tax credit threatening domestic production, Canada is responding with bold amendments to its Clean Fuel Regulations, including potential domestic content requirements and credit bonuses for Canadian producers. Fred breaks down the delicate balance regulators face: protecting domestic producers while keeping fuel prices affordable, maintaining healthy credit markets, and ensuring long-term policy viability. From surging CFR credit prices to provincial policy updates in British Columbia, Alberta, and Saskatchewan, this episode covers everything you need to know about where Canadian biofuels are headed. Whether you're a producer, trader, or policy wonk, this conversation offers essential insights into how Canada is positioning itself for energy security, emissions reduction, and economic growth in the renewable fuels sector. Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com.