Commodity market report

Global product markets weekly: USGC refinery re-starts weigh on refinery margins

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Report summary

For the week commencing 18th September gross refinery margins weakened for all the key refining centres. The Brent crude price strengthened for the fifth consecutive week and remains at its strongest level since July 2015. US crude stocks also built for the third consecutive week having increased by 15 mbbls since Hurricane Harvey. Consequently the Brent WTI differential remains wide at over US$6/bbl. 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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  • Document

    Weekly Report 25SEPT17.pdf

    PDF 1.35 MB

  • Document

    Weekly historical margins 25SEPT17.xls

    XLS 282.50 KB

  • Document

    Global product markets weekly: USGC refinery re-starts weigh on refinery margins

    ZIP 1.44 MB

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