Commodity Market Report
Global product markets weekly: Margins supported by low inventories, hurricane
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
North Sea Dated crude’s weekly average rose by US$2.27/bbl to US$70.70/bbl in the week to 27 August. Uncertainty in oil demand recovery heightened concerns on the forthcoming increase in oil output from OPEC+. Oil and gas production closures in the Gulf of Mexico ahead of Hurricane Ida pushed prices higher. Meanwhile, US dollar extended its declines in the week supporting the oil price recovery. Our ex-RVO global composite refining margin rose by US$0.65/bbl to US$5.13/bbl, with higher refining margins in the US and Asia. The weekly margins were US$0.63/bbl above the five-year historical average.
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
Europe energy prices: June 2025
Europe energy prices provides a comprehensive outlook for fuel, carbon and power prices in Europe to 2050.
$15,000
Commodity Market Report
Latin America and the Caribbean product markets short-term outlook November 2024
This monthly update incorporates crude runs, yields, and product-by-product supply-demand balances through to end-2026 for Latin America.
$1,900
Insight
LME Forum 2024
A pivotal moment for metals
$1,050
