Hédi Grati, Director, Refining & Marketing, IHS Markit, works in the European downstream practice based in London, leads the European long-term price forecasting, and carried out numerous tailored consulting assignments for national and international oil companies, traders, logistics providers, and financial institutions, providing market studies, strategic advice and recommendations. Mr. Grati specializes in the refinery’s heavy fractions and the marine bunker market. Since joining IHS Markit in 2014, he conducted various client assignments related to the supply, demand, and price impact of the upcoming 2020 bunker specification change. He headed the supply/demand section of the multi-client study “Navigating Choppy Waters” about the topic of the 2020 bunker fuel transition. Most recently, he was in charge of the shipping policy section of the latest multi-client study “Reinventing the Airplane and the Ship” about decarbonization in aviation and shipping. Before joining IHS Markit, Mr. Grati worked for ExxonMobil, where he helped prepare the company for the 2015 bunker specification change in the Emission Control Areas, and the launch of a new compliant fuel. He also worked at two of ExxonMobil’s European refineries where he held various technical, operational, economic and supervisory roles. He holds an MSc in Engineering from Ghent University and an Executive MBA from Antwerp Management School in Belgium.