Vice President, Americas Head of Refining and Marketing
S&P Global
Debnil Chowdhury leads the Americas and European fuels and refining research team at S&P Global Commodity Insights. Before joining S&P, he served as a Senior Market Analyst at Valero, focusing on strategic planning and market analysis for downstream, renewable, and retail assets globally. With a background in Technology Development and process engineering at KBR, he worked on implementing their technology solutions worldwide.
At S&P, Chowdhury has been involved in various refined product market studies across different regions and has collaborated with private equity, upstream, and downstream clients on project feasibility studies. He played a key role in developing S&P's proprietary long-term ethane analytics price forecast model as well as PADD level refined product models. Chowdhury holds a BS in Chemical Engineering and Certificate in International Affairs from the Georgia Institute of Technology, a MS in Predictive Analytics and Data Science from Northwestern University, and an MBA from Rice University.
The petroleum markets were put through the ringer in 2026 and the global market may never be the same. The disruption to the Persian Gulf in the first half of the year forced a complete reconsideration of the global supply system. Meanwhile, retailers were faced with the market realities of national average gasoline prices around $5 per gallon, with some markets experiencing prices above $7. How might the market reset after the tumultuous experience of this year? What should retailers know about the future of supply and price pressure?
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