Commodity Market Report

Global product markets weekly: Gasoline weakness remains but margins recover

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19 March 2018

Global product markets weekly: Gasoline weakness remains but margins recover

Report summary

For the week commencing 12 March, refinery margins strengthened in each of the key refining centres. This is with gasoline supporting the western margins while distillates drove the eastern margin. Weekly stock levels for gasoline, middle distillates and residual fuel oil in the US, NW Europe, Japan, Singapore and the Middle East are expected to have drawn down. This is primarily due to a 6 mbbl draw in US gasoline stocks and a 1.7 mbbl draw of middle distillates with over 1.3 mbbls being drawn from the East.

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    Weekly Report 19MAR18.pdf

    PDF 1.35 MB

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    Weekly historical margins_19MAR18.xls

    XLS 298.00 KB

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    Global product markets weekly: Gasoline weakness remains but margins recover

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