Commodity market report
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Europe product markets short-term outlook May 2017

Europe product markets short-term outlook May 2017

Report summary

This monthly update incorporates price forecasts and differentials, crude runs, refining margins and product-by-product supply-demand balances through to end-2018.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 

What's included?

This report includes 9 file(s)

  • Balances CEE Europe May2017.xls XLS - 1.62 MB
  • Balances Med Europe May2017.xls XLS - 1.75 MB
  • Balances NW Europe May2017.xls XLS - 1.84 MB
  • Balances OECD Europe May2017.xls XLS - 1.76 MB
  • Balances Total Europe May2017.xls XLS - 2.16 MB
  • Pricing Med May2017.xls XLS - 2.08 MB
  • Pricing NWE May2017.xls XLS - 2.22 MB
  • Report Mediterranean May 2017.pdf PDF - 1.07 MB
  • Report NW Europe May 2017.pdf PDF - 1.06 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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