Commodity Market Report

Global product markets weekly: strong gains for gasoline help margins bounce back

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11 March 2019

Global product markets weekly: strong gains for gasoline help margins bounce back

Report summary

The dated Brent price fell slightly in the week commencing 4th March. The weekly average was $64.20/bbl, just $0.20/bbl lower than the previous week. The market was balanced with the effect of OPEC+ production cuts countered by the restart of El Sharara production and growing concerns about the future for economic growth. The crude market should be supported in coming weeks by deeper Saudi production cuts and the potential for the US to not renew waivers on Iranian crude imports.

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    Weekly report 2019March11.pdf

    PDF 2.58 MB

  • Document

    Weekly historical margins 2019Mar11.xls

    XLS 275.00 KB

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    Global product markets weekly: strong gains for gasoline help margins bounce back

    ZIP 2.71 MB

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