Commodity Market Report
Brazil product markets country long-term outlook H1 2019
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Report summary
This report includes Wood Mackenzie's outlook for the fundamentals of the Brazilian oil products market. Brazil continue to remain deficit in total product supply versus demand. Main deficit in the balance come from diesel, gasoline and naphtha. We forecast total product demand to continue to grow in the long term. The restructure of the downstream sector in the country is expected, as Petrobras plan to sell half of their assets continues.
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