Global product markets short-term outlook July 2019 Report

Commodity Market Report 09 July 2019

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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Report summary

This monthly update incorporates all of the regional price forecasts and differentials, crude runs, refining margins and product-by-product supply-demand balances through to end-2020. We have created four global commodity market reports: Global refining, Global light ends & gasoline, Global middle distillate, and Global fuel oil. In this update we include an excel download which shows our global balance. This is a sum of the regional balances and provides a view of global demand and supply by product along with stock forecasts and a net trade forecast that indicates where imbalances in our regional forecasts exist.