Commodity Market Report

Macro oils short-term outlook: June 2022

Get this report

$2,000

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

09 June 2022

Macro oils short-term outlook: June 2022

Report summary

During May, global refined product margins soared to unprecedented highs. When combined with the agreement to ban Russia imports into the EU by end-year, crude oil prices climbed during the second half of the month. At the OPEC+ meeting on 2 June it was agreed to bring forward the production increase for September to July and August, lifting planned production increases for both months, but this had little downward price impact. Key highlights include: • Upward revisions to crude prices for 2022 and 2023 • Impact of EU oil embargo on Russia oil production • Continued covid measures in China slow demand recovery • Rising fuel prices effect on demand

Table of contents

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    Macro Oils Short Term Outlook June 2022 Data.xlsx

    XLSX 2.94 MB

  • Document

    Macro Oils Short Term Outlook June 2022 Slidepack.pdf

    PDF 1.47 MB

  • Document

    Macro oils short-term outlook: June 2022

    PDF 780.21 KB

  • Document

    Macro Oils Short Term Outlook June 2022 Slide Charts.xls

    XLS 1.29 MB