Commodity Market Report
Europe product markets short-term outlook May 2022
Report summary
This monthly update incorporates price forecasts and differentials, crude runs, refining margins and product-by-product supply-demand balances through to end-2023. Within the downloads section you will find the Excel balances: Total Europe, OECD Europe, NW Europe, OECD Mediterranean and OECD Central and Eastern Europe, in addition to prices and margins for NW Europe and the Mediterranean. The following additional non-OECD European countries have been included in the Total European supply and demand balances from this month: Albania, Cyprus, Gibraltar, Malta, North Macedonia, Serbia, Kosovo, Montenegro
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