Commodity Market Report
Global product markets weekly: Global refining margins improved on higher fuel oil cracks
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The oil market corrected slightly up last week as bearish news was muted. The North Sea Dated weekly average increased by US$0.15/bbl to US$59.57/bbl. The overall compliance rate of OPEC and non-OPEC producers rose by 22% month-on-month to 159% in July, providing support to the oil market. Oil prices jumped on Wednesday after the EIA reported a 10-million-barrel decline in US crude inventories for the week ending 23 August. However, oil prices were capped by weakening sentiment around economic growth as new tariffs between China and the US kicked in over the weekend.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global product markets short-term outlook May 2019
Monthly commodity and global refining reports with our global supply demand balances
$1,900
Commodity Market Report
Global product markets short-term outlook December 2019
Monthly forecast of global refining economics, global demand and supply by product along with stock forecasts and a net trade forecast
$1,900
Commodity Market Report
Global product markets short-term outlook March 2020
Monthly forecast of global refining economics, global demand and supply by product along with stock forecasts and a net trade forecast
$1,900
