Commodity market report
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Africa product markets short-term outlook January 2017

Africa product markets short-term outlook January 2017

Report summary

This monthly update incorporates product-by-product supply-demand balances through to end-2017 on a monthly basis.

What's included?

This report includes 15 file(s)

  • Balances Algeria Jan17.xls XLS - 1.53 MB
  • Balances Angola Jan17.xls XLS - 1.51 MB
  • Balances Egypt Jan17.xls XLS - 1.53 MB
  • Balances Israel Jan17.xls XLS - 1.50 MB
  • Balances Libya Jan17.xls XLS - 1.49 MB
  • Balances Morocco Jan17.xls XLS - 1.50 MB
  • Balances Nigeria Jan17.xls XLS - 1.54 MB
  • Balances Other East Africa Jan17.xls XLS - 1.48 MB
  • Balances Other West Africa Jan17.xls XLS - 1.48 MB
  • Balances South Africa Jan17.xls XLS - 1.53 MB
  • Balances Syria and Tunisia Jan17.xls XLS - 1.48 MB
  • Balances Total East and Southern Africa Jan17.xls XLS - 1.51 MB
  • Balances Total North Africa Jan17.xls XLS - 1.53 MB
  • Balances Total Sub Saharan Africa Jan17.xls XLS - 1.55 MB
  • Balances Total West and Central Africa Jan17.xls XLS - 1.52 MB


The short-term outlook for the refining sector is influenced by many factors: crude oil price, demand developments, new projects, refinery maintenance and refinery closures to name a few. The relationship between regions trading in crude and refined products requires a global perspective to understand how each region will be affected.

This short term outlook report provides a regional update of historical pricing and margin performance. This report also predicts supply and demand trends, and forecasts prices for crude oil and refined products for the next 12 to 24 months.

The short term outlook report is based on in-depth research about product supply and demand and helps refiners, traders and buyers determine product trading strategies and how to best optimise assets.

With over 20 years of experience in the refining industry, Wood Mackenzie is a trusted global leader with a reputation for producing consistently reliable information. Our senior analysts are based in the markets they analyse. They use detailed research data to forecast, benchmark and recognise trends that will help both new and existing participants identify opportunities and avoid risks.

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Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.