Oil market has had to adapt to many changes
The oil market’s new polymorphism
From crude flows to oil prices, S&P Global Commodity Insights highlights the market’s ability to overcome adversity, albeit with costs involved
The oil market has had to adapt to “epic changes” and anything is possible as to how energy markets will evolve to meet the new challenges, said Dave Ernsberger, head of market reporting and trading solutions at S&P Global Commodity Insights. While US flows to Europe and Russian flows to India have caught the oil market’s attention, Ernsberger pointed to the rise of Latin American crude into Europe and oil flows in Japan, South Korea and China as often overlooked parts of the new dynamics in an interview with Petroleum Economist at the APPEC energy conference in Singapore in September. Dave Ernsberger, S&P Global Commodity Insight
Also in this section
7 November 2025
The Russian company’s German assets are under Berlin’s management and are exempt from sanctions, for now, but a permanent solution still needs to be found
6 November 2025
The Russian firm made a significant attempt to expand overseas over the past two decades but is now divesting its global operations
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
5 November 2025
Construction of the pipeline in Afghanistan is making tangible progress, but extending it into Pakistan and India remains unrealistic for political reasons
