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Hédi Grati
Executive Director, Refining & Marketing, S&P Global Commodity Insights
Hédi Grati leads the Europe/CIS Refining and Marketing team based in London at S&P Global Commodity Insights.

Hédi leads the Refining and Marketing team for the Europe/CIS region, and prepares the quarterly long-term price forecasts for crude oil and refined products relevant to the European market. He specializes in the future of European refining in a decarbonizing world, and the refinery's heavy fractions.

Since joining IHS Markit (now part of S&P Global) in 2014, he has carried out numerous tailored consulting assignments for national and international oil companies, traders, logistics providers, and financial institutions. He also headed the supply and demand section of the Multiclient Study Navigating choppy waters, which focuses on the bunker fuel transition. In 2019, he was in charge of shipping policy for the latest Multiclient Study Reinventing the Airplane and the Ship, about the decarbonization of aviation and maritime transport. Hédi is regularly quoted by Bloomberg and OPIS by IHS Markit (now part of S&P Global).

Before joining S&P Global, Hédi worked for ExxonMobil, most recently as heavy products optimizer for Europe, where he helped prepare the company for the 2015 bunker specification change in the emission control areas. He also held various technical, operational, economic, and supervisory roles at two of ExxonMobil's refineries.

Hédi holds a Master of Science in civil engineering from Ghent University, Belgium, and an Executive MBA from Antwerp Management School, Belgium. He is a native Dutch speaker, and fluent in English and French.

Industry expertise
Oil Markets, Midstream, and Downstream
Areas of interest
Biofuel Markets
Tanker Shipping
Crude Oil & Refined Products Markets
Downstream Benchmarking
Downstream Policy
Downstream Strategy
Marine Bunker Markets
Oil Markets Supply, Demand and Pricing
Oil Terminals, Storage and Pipelines
Commodity Price Forecasts
Refinery Competition
Refinery Crude Oil Supply Planning
Refinery Models/PIMS
Refinery Optimization
Refinery Yields
Refining Economics and Valuation
Refining Margins
Refined Product Supply, Demand and Pricing
Regional focus
Europe & CIS
English, Dutch, French
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