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Stephen Li
Director, Oil Markets and Downstream Consulting, S&P Global Commodity Insights
Stephen Li is a director within the Oil Markets and Downstream consulting practice of S&P Global Commodity Insights and is based in London.

Stephen specializes in providing market and commercial due diligence on midstream and downstream infrastructure for merger & acquisitions and project financing. He has worked on a number of successful buy-side and sell-side transactions relating to bulk liquid storage terminals, and was co-author of the S&P Global Commodity Insights study 'What's in store for terminal industry - will the tanks keep turning, and where?'. Recently he has advised on several transactions of European biofuel sector assets, and contributes to S&P Global Commodity Insights research on the European biofuel market. His oil markets experience comes from working with E&P clients in Europe, the Middle East and Central Asia, helping them with valuation and marketability studies of their crude oil streams.

Stephen has 14 years experience in the international energy sector. Prior to joining S&P Global Commodity Insights in 2012, he was a consultant at Mott MacDonald, a global engineering consultancy, where he managed technical-economic project appraisals and feasibility studies relating to upstream oil & gas plants and refinery upgrades.

Stephen holds a Master of Engineering in Mechanical Engineering from the University of Southampton and a Master of Philosophy in Engineering for Sustainable Development from the University of Cambridge, where he was a Panasonic Trust Fellow.

Industry expertise
Oil Markets, Midstream, and Downstream
Climate and Sustainability
Clean Technology & Renewables
E&P Terms and Above-Ground Risk
Light Vehicles
Ports and Terminals
Areas of interest
Transport Energy Demand
Crude Oil & Refined Products Markets
Crude Oil Quality Banks
Downstream Benchmarking
Energy Geopolitics
Gasoline and Diesel Markets
Low Carbon Fuel Standards
National Oil Company Strategy
Biofuel Markets
Oil Prices
Oil Terminals, Storage and Pipelines
Refined Product Marketing
Refined Product Supply, Demand and Pricing
Refined Product Terminals, Storage and Pipelines
Refining Economics
Refining Economics and Valuation
Refining Margins
Renewable Diesel
Oil Markets Supply, Demand and Pricing
Regional focus
Europe & CIS
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