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Articles by Gary Clark
Bridging the gap: Advancing African energy infrastructure projects
___ Skip to Content Skip to Menu Skip to Footer By Daniel Evans, Gary Clark, and Samira Mensah This is a thought leadership report issued by S&P Global. This report does not constitute a rating action, neither was it discussed by a rating committee. Highlights Africa’s population is set to rise by nearly 1 billion people by 2050. This is projected to more than double energy demand, making expanded energy access essential for economic growth and improved living standards.
Crude and oil products markets shaken by major conflict in the Middle East
Herman Wang: War in the Middle East, attacks on energy infrastructure, and jitters in the market. Welcome to another Platts Oil Markets Podcast. I'm Herman Wang, head of oil news for Asia and EMEA, and I'm joined today by Lauren Holtmeier, our senior news editor in Dubai, Gary Clark, our associate director of price reporting for EMEA Clean Refined Products, and Ada Taib, our associate director of price reporting for OPEC Crude and Fuel Oil.
Uncertainty around WAF government policy and expected refinery maintenance sees European gasoline markets rally
In the winter months, demand for gasoline in Europe softens, and stocks in the Amsterdam-Rotterdam-Antwerp hub begin to thicken. But recent developments in West African government policy and intermittent maintenance at Nigeria's Dangote refinery have resulted in an unconventionally robust gasoline market, shadowed by an existing tightness in supply. Where have the gasoline markets diverged, and what unusual patterns have we seen in blending economics?
The final countdown: Europe readies for full Russian LPG ban
Europe's 19th sanctions package has promised to shut the door on the last remaining flows of Russian energy still trading into the region, including butane and isobutane that was previously exempted from import bans. From Jan 2026, the new LPG embargo will force lead buyer Poland to find alternatives to Russian supplies, adding support to an already tight European market.
All Things Aviation: Navigating jet fuel dynamics in a changing world (Part 4)
Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Agriculture | Energy Transition | Refined Products This is episode 4 of All Things Aviation, a special six-part series focusing on the dynamics, trends and outlooks in the aviation sector.
How A Solo Adventure Holiday Could Help With Your Career Development
How A Solo Adventure Holiday Could Help With Your Career Development For many people, solo travel can be a daunting prospect. However, adventure holidays can offer a unique opportunity for solo travellers to experience new destinations and activities while also enjoying the benefits of group travel.
Mild weather keeps European heating fuel markets weak
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Net zero and life-science real estate: Easier said than done
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5 Strategies to Create B2B Sales Agility
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How are rising prices and new green regulation impacting heating oil demand?
Just as the summer finally comes to an end and mornings become chilly, we would be expecting demand for heating oil to ramp up in Europe, as no boom has been reported yet. Furthermore, new environmental regulation will be applied in many European countries in 2022, which could lead to some changes in buying patterns.
What's happening to the supply and demand balance for road fuels in Europe?
All eyes are on supply in European diesel markets, where demand has remained relatively stable at almost back to pre-pandemic levels, but due to the spread of the Delta variant in Asia more cargoes are making their way to Europe and elsewhere. In both the diesel and gasoline Mediterranean markets, prices are strong due to good demand and some supply tightness, while the gasoline Europe to US arbitrage has been firmly open during the summer driving season.
Adopting a Customer-Centric Distribution Sales Strategy
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Will jet fuel demand ever recover to pre-pandemic levels in Europe?
Cash differentials for jet fuel barges trading in ARA reached 17-month highs mid-July. At the same time, the European Commission announced sweeping proposals to make flying greener, including a future tax on jet fuel. How far is the jet market from a complete recovery from the COVID-19 pandemic and what will the EC's "Fit for 55" plan mean for the aviation sector and the jet fuel market?
Market Movers Europe, Jul 5-9: Tightening crude oil and natural gas supply, aviation sector battles weak demand
In this week's highlights: We take a look at jet fuel crack spreads and the outlook for Europe's aviation sector; gas stockpiles running dangerously low ahead of maintenance on a key Russian pipeline importing gas to Europe; and how decarbonization remains an important agenda point for Spain's politicians.
Nuggets waiving veteran forward Gary Clark
Gary Clark | Getty images Posted By: Sam Amico April 8, 2021 The Denver Nuggets are waiving power forward Gary Clark, according to Adrian Wojnarowski of ESPN. Clark, 26, is 6-foot-6 and was acquired as part of the deadline deal that delivered Aaron Gordon from the Orlando Magic to Denver. Clark is expected to draw interest from “some Eastern Conference playoff teams” upon clearing waivers, Woj added. Clark has appeared in just two games with the Nuggets and did not score.
Infographic: Jet fuel recovery stymied on fears of a second coronavirus wave
Jet fuel prices are convalescing despite an increase in scheduled flight capacity amid fears of a second wave of the coronavirus in some European countries. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now European jet stocks, both inland and floating, along with imports, remain high relative to the poor demand environment, acting to dampen any price rebound.
Ethanol surges as other fuel blending components tank
As European road transport demand gradually recovers amid the coronavirus pandemic, the price of gasoline blending component ethanol has reached all-time highs on tight supply, rising road demand and strong industrial use. Unusually, the prices of other blending components are down in the doldrums. S&P Global Platts reporters Chrysa Glystra, Joseph McDonnell and Stergios Zacharakis tell Gary Clark the latest. Recommended for You To continue reading you must login or register with us.
Market Movers Europe, Jul 20-24: OPEC+ reviews production cuts as jet fuel inventories begin to draw
View Full Transcript In this week's highlights: Will high jet fuel inventories in Europe begin to draw? European palm oil prices look to Malaysian production data, while carbon allowances look for support. But first, in oil, the market is keeping a close eye on demand and whether a second coronavirus wave could derail last week's decision by the OPEC+ group of producer countries to relax their drastic cuts to global output.
Global flight passenger demand down 91% on year in May: IATA
Highlights IATA sees more significant demand growth in June Domestic flights driving gradual recovery Last-minute booking makes forecasting demand difficult New York — Global flight passenger demand, measured in revenue passenger kilometers or RPK's, contracted 91% on the year in May, after falling 94% in April, the International Air Transport Association said July 1. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
FEATURE: Airlines prepare for slow, gruelling return
Highlights Air travel market may have turned a corner, but only just: OAG Flights picking up, with growth centered on domestic routes Jet fuel prices recover slightly, NWE swaps close to two-months high London — The future of aviation may be unclear in the coronavirus–stricken world, but some carriers are beginning to sow the seeds of their recovery. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
Bottom in global flight activity reached: OAG, Flightradar24
New York — Global commercial airline activity may have bottomed, according to OAG data on scheduled seat capacity and Flightradar24 data on the number of commercial flights. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
Europe middle distillates: Key market indicators this week
London — The ICE low sulphur gasoil futures flat price finished $2.75/mt lower on the week at $297.5/mt Friday after exhibiting extreme volatility Thursday afternoon. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now They traded in a range of $290.75-$383/mt in the five minutes after 1435 GMT after the US president tweeted that he expected a 10 million-15 million b/d crude oil cut to be agreed between Russia and Saudi Arabia.
African airlines urgently need financial help amid coronavirus pandemic: IATA
New York — The International Air Transport Association warned this week that governments in Africa needed to provide financial relief amid the coronavirus pandemic, estimating that revenue lost by carriers could reach $4 billion, a 32% fall. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now "The air transport industry is an economic engine, supporting up to 8.6 million jobs across Africa and the Middle East and $186 billion in GDP.
Global flight numbers appear to stabilize in April: radar data
Highlights Fall in flight numbers decelerating so far this month Mixed signs of recovery for airline flights in China New York — The number of global daily flights appears to have stabilized in April, radar data suggests, following large falls in March as airlines slashed flying capacity amid the coronavirus epidemic. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
Market Movers Europe, Jan 13-17: Uncertainty in the Middle East hits oil markets
View Full Transcript In this week's Market Movers, the tensions in the Middle East supports oil prices and keeps gold in focus; the fallout of IMO 2020 is a hot topic for shipping and bunker markets; and the weather and French nuclear power station maintenance will loom large for the power market.
Jet fuel strength under threat from weak air freight demand
Highlights Passenger demand growth slowing Jet fuel market maintains resilience Freight sector demand contracting London — A recent slide in global demand for air freight could be a harbinger of weaker jet fuel prices, according to trading sources and analysts, despite current firm aviation fuel values on resilient spot demand. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
Market Movers Europe, Jul 29-Aug 2: European low gas prices have markets under pressure
View Full Transcript In this week's highlights: European thermal coal prices will be under pressure; oil products face logistical challenges in the Turkish Straits; and market weakness could take the shine off steel sector earnings. But first: the 55-billion-cubic-metres-per-year Nord Stream gas pipeline from Russia to Germany is set to return from its annual two-week maintenance shutdown on Wednesday. That will bring the strategic link to Europe back into service at a time of very low gas prices.
Crude oil futures rise on Chinese GDP data, US stock draw
London — Crude oil futures retained their strength during morning trade in London Wednesday on strong Chinese GDP growth and a surprise draw in US crude stocks. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Furthermore, geopolitics are still a supportive factor with talk of a new round of US sanctions on Venezuela.
Crude futures lower, unable to break technical price levels; ICE Brent at $69.20/b
London — Crude oil futures were slightly lower during early European trade Friday, unable to break technical levels, with a number of bearish and bullish factors at play. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 11:01 London time (1001 GMT), June ICE Brent crude futures were down 20 cents/b from Thursday's settle at $69.20/b, while the NYMEX May light sweet crude contract fell 1 cent/b to $62.09/b.
Crude futures edge down on economic slowdown fears; Brent at $66.88/b, WTI $58.97/b
London — Crude oil futures were down during morning trade in Europe Monday with fears of an economic slowdown at the forefront of investors minds. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 1105 GMT, ICE May Brent crude futures were down 15 cents from Friday's settle at $66.88/b, while the NYMEX May light sweet crude contract dipped 6 cents to $58.97/b.
European diesel paper, physical markets diverge amid weak demand, ample supply
London — In the Northwest European diesel market Monday the backwardation on prompt ICE low-sulfur gasoil futures strengthened to a three-week high despite cash differentials for ultra-low sulfur diesel barges falling to a five-month low amid lackluster demand and healthy supply. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
Jet kerosene inventories in ARA hub at 580,000 mt, down 0.5% on week
Author Gary Clark Editor Jonathan Dart Commodity Oil Author Gary Clark Editor Jonathan Dart Commodity Oil London — Jet kerosene inventories in the Amsterdam-Rotterdam-Antwerp hub fell 0.5% week on week to 580,000 mt in the week ended January 2, according to data from PJK International. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The fall marked the fifth consecutive weekly draw in inventories, according to PJK.
Prompt backwardation in ICE gasoil futures widens to 4-year high on tight supply
London — The ICE low sulfur gasoil futures front-month/second-month backwardation hit a four-year high Thursday on tight supply in the Northwest European diesel market. The backwardation reached $7.75/mt Thursday, the highest level since March 11, 2015, and up from $6/mt Wednesday. At 11:30 am London time Friday, the November/December backwardation was trading at $9/mt.
Northwest European jet fuel market moves into backwardation amid lower Oct arrivals, diversions
London — The jet CIF NWE cargo flat price swap October/November spread moved into backwardation of $1.75/mt Monday from a contango of 25 cents/mt Thursday, the first time in a number of months the structure has been backwardated, S&P Global Platts data shows.
ARA diesel, gasoil stocks up 1.2% on week: PJK International
London — Diesel and gasoil inventories in the Amsterdam-Rotterdam-Antwerp trading hub increased 1.2% on the week to 2.889 million mt in the seven days to Wednesday, according to PJK International data. Compared to the same period last year, diesel and gasoil stocks were 11.6% higher, according to the PJK data published late Thursday.
Wake The Nation (Wake Forest Alumni)
You are here Home » Wake The Nation (Wake Forest Alumni) Wake The Nation (Wake Forest Alumni) Meet Wake The Nation (Wake Forest Alumni) #2 View Profile Alma Mater: Wake Forest University Height: 6’4”1 Position: GM/Assistant Coach Salary: $150,000 Twitter: #11 View Profile Alma Mater: Wake Forest Height: 6’3”1 Position: Shooting Guard Salary: $150,000 Twitter: @cjharris11 #20 View Profile Alma Mater: Wake Forest Height: -- Position: Head Coach Salary: $150,000 Twitter: CoachLepore #30 View...
Rally Pack: Nevada Wolf Pack storms back to upset Cincinnati
This story will be updated: The No. 7 seeded Nevada Wolf Pack rallied from 22 points to stun the No. 2 seeded Cincinnati on Sunday in the second round of the NCAA Tournament. Nevada won 75-73. Nevada took its first lead of the game with 9 seconds in the game when Josh Hall gave the Pack the lead. Nevada’s defense held Cincinnati without a field goal in the last 5 minutes of the game. Nevada closed the game on a 32-8 run. Nevada will play No. 11 seeded Loyola-Chicago on Thursday in Atlanta.
Cincinnati beats Memphis for 12th straight win
MEMPHIS, Tenn. -- Gary Clark had 18 points and nine rebounds, Jacob Evans added 14 points -- including a pair of 3-pointers to break Cincinnati out of a second-half shooting slump -- as the No. 9 Bearcats defeated Memphis 62-48 on Saturday for their 12th straight victory. The Bearcats (19-2, 8-0 American Athletic Conference) used a stingy defence to hold Memphis to 31.1 per cent shooting for the game, including converting only three of 17 shots from outside the arc.
Microcephaly 101
What is microcephaly? According to the Centers for Disease Control and Prevention (CDC), microcephaly is a birth defect where a baby’s head is smaller than expected when compared to babies of the same sex and age. Babies with microcephaly often have smaller brains that might not have developed properly. What can cause microcephaly? In most babies, the cause of microcephaly is not known.
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