Cover image: Commodity Insights Magazine. Cover line: Energy and commodities navigate new trade dynamics. Published February 2025.
February 2025

Commodity Insights Magazine

Policy changes, tariff threats, countermeasures and more. We sift through the noise and deliver all that is essential for you to navigate the changes in trade flows and the supply-demand environment, and how these could impact the prices of various commodities.

In This Edition

OPEC+ steers through uncertainty

OPEC+ steers through uncertainty

OPEC and its allies face a tricky market in 2025, with the oil market outlook clouded by significant unpredictability around geopolitical events and fundamentals.

An uptick in oil prices in early 2025 initially provided welcome relief for the group, which stuck to major output cuts through 2024 in a bid to prop up prices.

Bulls and bears clash

Bulls and bears clash

As supply-demand uncertainties persist, the global LNG market faces significant headwinds in 2025, particularly with the expiration of the Russia-Ukraine transit deal on December 31, 2024.

The global LNG market has also turned its head to policy developments in Washington and Beijing, with China announcing an additional 15% tariff on US coal and LNG, and 10% more on US crude imports after US President Donald Trump’s additional 10% tariffs on Chinese goods, effective February 4.

Used cooking oil conundrum

Eating french fries and contributing to the energy transition may not readily appear in one chain of thought, but an evident connection exists between the two and it involves a material that typically just goes to waste – used cooking oil.

The safe disposal of UCO used to be elusive - and still is for some countries. It was literally going down the drain.

More Stories

Commodity Insights Magazine

Published six times a year, Commodity Insights Magazine showcases our pricing, news and analytics across global energy and commodity markets. It is distributed freely to delegates at our premium events and circulated to a wider community of interest.

Past Editions

Connect to Your Market

S&P Global Commodity Insights is an unparalleled advertising platform to target niche markets within our industry.