Commodity Market Report

Global product markets weekly: Refining margins mixed amid weak middle distillates cracks

Get this report

$1,050

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQ's about online orders
- Find out more about subscriptions

20 January 2020

Global product markets weekly: Refining margins mixed amid weak middle distillates cracks

Report summary

Oil prices were range-bound last week after the risk premiums over US-Iran tensions were removed from the prices. The weekly average of North Sea Dated decreased by US$3.65/bbl to US$63.88/bbl. The “phase-one” trade deal between China and the US was signed last week, lifting markets’ expectations on improved demand growth (link to our latest Inform on the trade deal). The optimism on demand growth was limited as all tariffs remained in place, albeit some US tariffs on Chinese goods were lowered. Oil prices saw mild gains as US crude inventories declined by 2.5 million barrels week-on-week due to higher exports.

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    Weekly historical margins 2020Jan20.xls

    XLS 303.00 KB

  • Document

    Weekly report 2020Jan20.pdf

    PDF 1.36 MB

  • Document

    Global product markets weekly: Refining margins mixed amid weak middle distillates cracks

    ZIP 1.45 MB

Trusted by leading organisations