Commodity Market Report

Argentina product markets long-term outlook H1 2019

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This report includes Wood Mackenzie's outlook for the fundamentals of the Argentina oil products market. Historically, Argentina has had surplus in total product supply versus demand. Although, we expect it to remain with deficit of diesel in 2019, relying on imports in the long term for this product. Oil product demand has decreased in the last couple of years, but we forecast a modest recovery in growth by 2020.

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