February 19, 2025 16:06 GMT
MNI Commodity Weekly - Sanctions Workarounds Emerging
Executive Summary:
- Sanctions Workarounds Emerging: U.S. sanctioned vessels from Iran and Russia have been under pressure this year but workarounds are swiftly emerging.
- Oil Markets: Crude extends gains this week driven by reduced CPC pipeline flows and speculation of another OPEC+ output return delay to offset bearish pressure from potential Ukraine peace talks. Diesel and gasoline cracks have drifted lower amid rising trade friction and ahead of the gradual ramp up in US refinery maintenance.
- Analyst Views: See oil market views by biggest names in industry.
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