Commodity market report

Global product markets weekly: Rallying crude prices dent refinery margins

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Report summary

For the week commencing 6th November, refinery margins weakened for most refiners across the globe. The Brent crude market continued to rally, with the weekly average price having increased by almost US$3.40/bbl on a week-on-week basis. Not only was this the strongest weekly change since August 2016 but also the highest weekly average Brent price since May 2015. Moreover, the Brent-WTI differential continued to widen which further encouraged US crude exports to Asia and Europe. 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 Report 13NOV17.pdf

    PDF 1.35 MB

  • Document

    Weekly historical margins 13NOV17.xls

    XLS 286.50 KB

  • Document

    Global product markets weekly: Rallying crude prices dent refinery margins

    ZIP 1.44 MB

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