27th September 2017

The Strand Palace Hotel | London

Spencer Welch

Position: Director, IHS Markit Oil Markets and Downstream

Spencer Welch is a Director in the IHS Markit Oil Markets and Downstream team, based in the London office. 

He leads the crude oil valuation and marketability studies for the Europe, Middle East, and Africa region.

He has also headed a number of studies to assess the fair market value of new crudes. He brings more than 20 years of downstream technical, operational, and economic experience to his role. Prior to joining IHS Markit in 2011 Mr. Welch held posts for four years with Petroplus, at Coryton Refinery, United Kingdom. Previously Mr. Welch spent 13 years at BP at a variety of locations in downstream roles, including refinery process engineering, production planning, and operations management at Coryton Refinery; and refinery technical support, aviation fuel storage, and distribution projects, where he developed specialist knowledge in reforming, isomerization, and hydroprocessing, with a broad knowledge of most other refinery processes and also linear programming. Mr. Welch holds a BEng from Loughborough University, United Kingdom, and an MSc in from Bristol University, United Kingdom.