Commodity market report

Global product markets weekly: Margins continue to soften as gasoline rebalances

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Report summary

For the week commencing 25th September gross refinery margins softened globally. Brent crude price strengthened again with the weekly average price at its strongest since June 2015 but remains below US$60/bbl. Brent has been supported by strong imports from China as new investments start up and market sentiment in response to the potential threat of reduced Kurdish oil exports. The Brent WTI differential continued to widen with WTI at a US$6.80/bbl discount to Brent. 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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This report contains

  • Document

    Weekly historical margins 2OCT17.xls

    XLS 283.00 KB

  • Document

    Weekly Report 2OCT17.pdf

    PDF 1.35 MB

  • Document

    Global product markets weekly: Margins continue to soften as gasoline rebalances

    ZIP 1.44 MB

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