Commodity market report

Global product markets weekly: Hurricane Harvey closes almost 3 mb/d of CDU capacity

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Report summary

For the week commencing 28th August our benchmark gross refinery margins weakened for most configurations except for those on the USGC. The Brent crude price strengthened close to $1.50/bbl last week compared to US domestic crudes which only strengthened by $0.50/bbl. North Sea grades were supported by an outage of some Libyan crude exports. All crude grades were supported late in the week following the evacuation of some US production platforms as a precaution around Hurricane Harvey. In the slide pack available in the Downloads section weekly changes in prices and refinery margins are presented for six key pricing points around the globe: Northwest Europe Mediterranean US Gulf Coast New York Harbour Middle East Gulf Singapore

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    Weekly Report 28AUG17.pdf

    PDF 1.35 MB

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    Weekly historical margins 28AUG17.xls

    XLS 280.00 KB

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    Global product markets weekly: Hurricane Harvey closes almost 3 mb/d of CDU capacity

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