The Petcoke Podcast: Is US coke supply scarcity here to stay?

In this episode, Argus petroleum coke consultant Hayden Atkins joins editor Lauren Masterson to discuss the US coke supply picture.  The Covid-19 pandemic’s unprecedented disruption to the refining industry has dominated most thoughts about why coke supply has been so scarce. But Hayden points out that cokers have actually been running at higher rates than overall crude processing would suggest. Much of the recent extreme supply crunch actually stems from demand-driven inventory drawdowns in the first quarter. These are now catching up with refiners, who in fact face more challenging coker economics now than they did in the second quarter.  Listen in as Hayden and Lauren discuss where Argus sees the US coke supply scenario in the coming months.