10 September 2024

Raffles Hotel, Singapore

Argus Asia-Pacific Oil Markets Forum

About the Argus Asia-Pacific Oil Markets Forum:


Where:
Raffles Hotel Singapore (Level 3 - Jubilee Ballroom)

 

When: 10 September 2024, 8.00 am to 12.00 pm Singapore Time

 

Where is the global oil economy headed?

 

During the forum, Argus will examine and address questions pertaining to oil and its macroeconomic outlook, supply chains, inflation, how these will affect oil demand growth prospects. We will share insights on Opec+ production, how the global crude oil market is responding to changing oil product demand, and how Ice Brent is becoming more Europe-focused, as well as the effect of this on its price and the Asian oil market. We will also look at how Russian crude oil imports to Asia have affected regional supply and demand fundamentals, and the effects of the new TMX pipeline on the Asian crude oil market.

Register now to attend the form

Agenda

08:00 – 10:00 | Networking Breakfast

 

10:00 – 10:05 | Chair’s opening remarks 

 

10:05 – 10:30 | Oil Markets and the Global Economy 

  • Supply chains, inflation & the dollar – where next for the global economy and oil demand?
  • How resilient are oil supplies amid rising geopolitical risks?  
  • Market balances, the road ahead for OPEC+ and price outlook

10:30 – 11:00 |  Asia & Middle East 

  • Tough year for Asian refiner margins – is there light at the end of the tunnel?
  • The growing role of US crude 
    Russian crude flows to Asia – the new normal?
  • Delivered China pricing developments

11:00 – 11:25 |  China 

  • Hero to zero: Has Chinese oil demand peaked?
  • Crude trading strategies in a weak margin environment — Brazil vs WAF vs Mideast
  • Russia, Iran and… Canada? TMX as China’s cheapest, non-sanctioned source of crude
     

11:25 – 11:50 |  Americas

  • WTI and the US Gulf coast as a global centre for price discovery
  • Illuminating markets: The emergence of new trade routes out of western Canada
  • Guyana’s production outpaces expectations
     

11:50 – 12:00 |  Closing remarks

 

12:00 | Forum concludes

 

Speakers

Karl Kleemeier

Karl Kleemeier is based in Singapore and heads up business development for the Asian oil sectors with responsibility for crude oil, oil products, biofuels and LPG. Prior to joining Argus in October 2020, Karl spent nearly 20 years with Saudi Aramco in Dhahran, where he headed Aramco’s crude oil pricing team. Karl has a degree in chemical engineering, as well as an MBA, and has an extensive background in oil refining and marketing.

Euan Craik

Euan oversees Argus’ global services in crude oil, refined products and LPG, based in Argus’ London HQ. During a career at Argus spanning more than 20 years, Euan has headed the company’s operations in the Americas and the former Soviet Union, giving him a uniquely global insight into the markets Argus serves. During Euan’s time in Houston, Argus became the standard for pricing physical crude oil in the US markets, and became adopted increasingly in the refined oil products markets of North and South America.

Tom Reed

Tom Reed joined Argus from the UK broadcaster the BBC in 2003. He worked on Argus’ corporate and European products desks before moving to head Argus’ Asian market analysis of oil and generation fuels. As Vice-president of China crude and products, he oversees Argus’ China oil pricing and analysis service.

David Fyfe 

David Fyfe is Chief Economist at Argus. He has more than 30 years’ experience of working in energy markets. Prior to joining Argus, David was most recently Chief Economist at commodity trading company Gunvor. Before this, he managed the oil industry and markets division of the International Energy Agency and edited its influential monthly Oil Market Report. David has a master’s degree in energy policy and economics from Imperial College London.

Matt Oatway

Matthew Oatway is Executive Vice President and Head of North America at Argus. Based in Houston, Matthew is responsible for leading Argus’ business in the United States and Canada. Prior to joining Argus in 2018, Matthew held various market analysis and corporate strategy roles at fundamental data provider Genscape and media company DMGT. Matthew holds a bachelor’s degree in English Literature from Dartmouth College.

Nur Azlin Ahmad

Azlin is Argus’ Asia managing editor. She has also spent several years covering the Asia-Pacific oil products’ markets, particularly gasoil and jet-kerosine. Azlin was previously senior energy correspondent for Reuters in Singapore, handling news coverage for the Asia-Pacific oil and gas industry. In the last two years she has worked closely with the Argus Moscow office to expand coverage of the ESPO Blend market.

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