His current regional leadership role includes advising clients across a wide range of oil markets and downstream issues; offering techno-economic and strategic business advice on responding to structural changes in the industry; building new investment cases or assisting in the valuation of potential acquisition targets. He previously led global short-term oil market analysis. He has managed a number of large consulting project, include national strategy projects. He brings more than 25 years of downstream technical, operational and economic experience to his role at S&P Global Commodity Insights. Spencer held posts with independent oil refiner, Petroplus at Coryton Refinery, UK, prior to joining S&P Global Commodity Insights in 2011. During 13 years with BP at a variety of locations, he held downstream roles, including refinery process engineering, production planning and operations management. During that time, he developed specialist knowledge in reforming, isomerization and hydro-processing, and he gained a broad knowledge of most other refinery processes and linear programming, he also has fuel storage project management experience.

Spencer holds a Bachelor of Engineering (B.Eng.) from Loughborough University, UK, and the Master of Science (M.Sc.) Engineering Management degree from Bristol University, UK.