Insight
Down but not out: Refining and oil product markets outlook for 2017
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
OPEC output cuts should help to rebalance the crude market in 2017. This will put pressure on refiners and undermine refining margins. However, growth in demand for oil products remains robust and this should limit the downside for refiners.
Table of contents
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Introduction
- Global oil demand growth by product
- Crude runs and capacity changes
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Crack spreads and trade
- NW Europe crack spreads versus Dated Brent
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Refinery margins
- Selected benchmark gross refining margins
- Down but not out!
Tables and charts
This report includes the following images and tables:
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Down but not out: Refining and oil product markets outlook for 2017: Image 1Down but not out: Refining and oil product markets outlook for 2017: Image 2Down but not out: Refining and oil product markets outlook for 2017: Image 3
What's included
This report contains:
