Insight

Global Heavy Crude Oil Supply/Demand Balance – Cuts like a knife

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Report summary

The outlook for the heavy oil market is very uncertain. Demand growth in Asia could be so large the global demand for heavy crude oil could outpace supply. One implication could be producer netbacks received from different refining regions begin to change. This insight examines the dynamics of the global heavy crude oil supply/ demand balance and implications for Western Hemisphere heavy crude oils.

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    Global Heavy Crude Oil Supply/Demand Balance – Cuts like a knife

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