Connecting fuel oil and diesel industry for insights and intelligence to make better decisions in 2024.
In today’s complex and fast-moving markets, insights into demand shifts, trade flows, and the energy transition are ever more critical.
Join us at The Bass Museum in sunny Miami for collaborative presentations and panel discussions as we take a deep dive into the industry’s most pressing challenges, including trading patterns, sanctions, fuel qualities, renewable fuels, and more.
Network in-person with refiners, traders, shipowners, fuel suppliers, utilities, blenders, analysts and financiers, plus many others in Miami.
Argus Fuel Oil & Diesel Forum theme highlights:
Energy transition and transportation fuels outlook
Liquid fuel indexes
Latin American fuel buyers and the year ahead
Middle and heavy distillates viewpoint
When: Friday, October 27, 2023
Where: The Bass Museum, Miami Beach, Florida, United States
John Demopoulos, Argus Vice President Julio Faldin, Argus Vice President
09:00 AM
Keynote address
Few oilmen have as many tales to tell as Harry Sargeant III. From his early days as a fighter pilot to owning the world's largest asphalt shipping fleet, Sargeant has left an indelible mark on the world of petroleum trading.
Harry Sargeant III, Global Oil Management Corp. Chairman and CEO
09:45 AM
Energy transition and transportation fuels outlook
BP offers a view of the road ahead for liquid fuels: - How and how fast will the world transition away from petroleum liquids? - How will the geopolitical landscape impact supply-demand balances in the year ahead? - And how will this translate to a bottom line - dollar per barrel pricing at the key trading hubs?
Michael Cohen, BP Chief US Economist & Head of Oil Analysis
10:15 AM
Viewpoint: Middle & heavy distillates
Decarbonization is the major theme in financial circles, but Russia sanctions & inflationary pressures are slowing things down. What can we expect from distillate markets over the year ahead? - Is the diesel market ready for the winter? How much prompt volatility & market structure can be expect? - When will non-fossil fuels make a dent in the diesel & fuel oil space? Where are the limits for competing fuels like RD and natural gas? - When will we see Russian petroleum returning to the US & European markets? What will it take, and how long? - When will non-fossil fuels make a dent in the diesel & fuel oil space? Where are the limits for competing fuels like RD and natural gas? - IMO decarbonization rules kick in next year - how hard will fuel oil demand be hit?
Michael Cohen, BP Chief US Economist & Head of Oil Analysis Chris Hairel, Argus Vice President, Consulting John Demopoulos, Argus Vice President
11:00 AM
Networking break
11:30 AM
Argus indexes and price views
12:00 PM
The buyers: Latin America
US refiners have forged close ties in Latin America, processing the continent's crude and supplying it with fuels. Get an outline of the continent's prospects for the year ahead, including: - How much Russian diesel will Latin America take? Are governments under pressure to sanction the flow? - Why is Latin America so short of diesel? Are there any prospects of more self-sufficiency? - Currency remains a hurdle for non-US buyers - will we see demand suffer as the US dollar strengthens?
Lic Eddie Jara, Petropar President Ing. Ludwig Armin Dorgathen Tapia, YPFB President Emran Khan, Vibra Trading Senior Trader Reinaldo Armijos, Petroecuador International Trade Manager
12:45 PM
Closing remarks
John Demopoulos, Argus Vice President Julio Faldin, Argus Vice President
