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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 PDF - 417.11 KB 6 Pages, 0 Tables, 4 Figures
Description
This Oil Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.
For participants, suppliers and advisors who want to look at the trends, risks and issues of this topic, this report gives you an expert point of view to help inform your decision making.
Wood Mackenzie gives you an informed, independent view on oil prices and the key drivers and trends impacting the oil market. Our highly experienced macro analysts and regional sector teams are based in the key oil producing and consuming regions they analyse, providing detailed field data and demand forecasts driven by country and industry forecasts.
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Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.
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Insight | Sep 2014
Global Heavy Crude Oil Supply/Demand Balance – Cuts like a knife
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