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Downstream oil refining reports
Global product markets weekly: Margins surged for one-year highs
The oil market extended the recent losses last week. North Sea Dated crude’s weekly average fell by US$1.48/bbl to US$61.62/bbl in the week to 9 Ap...
Global product markets weekly: Middle distillate stocks draw a further 4 mbbls, but margins take another hit
For the week commencing 16 April, refinery margins across all the key refining centres weakened as crude prices continued to strengthen to new mult...
Global product markets weekly: Refinery margins recover, but high crude prices continue
Following three weeks of globally weaker refinery margins, the week commencing 15 January saw the reversal of this trend as margins improved across...
Global product markets weekly: Seasonal demand offsets stronger crude prices
For the week commencing 14 May, the Dated Brent crude price continued to strengthen towards a weekly average of US$80/bbl, resulting in a fresh thr...
Oil products price forecast update May 2021
Our monthly Global Composite margin increased US$1.19/bbl to US$4.16/bbl in April, the highest monthly value for a year. We expect the composite ma...
IMO 2020 regulation poses little risk to Singapore's bunkering hub status
The International Maritime Organization (IMO) has set a global cap of 0.5% sulphur in all bunker fuels starting January 2020. While this poses chal...
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