Commodity Market Report

Global product markets weekly: Weakness in gasoline and middle distillates cracks dragged down global refining margin

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

09 December 2019

Global product markets weekly: Weakness in gasoline and middle distillates cracks dragged down global refining margin

Report summary

A series of bullish news erased the losses on 29 November. The weekly average of North Sea Dated increased by US$0.56/bbl to US$65.00/bbl. Positive Chinese manufacturing data supported oil prices on Monday. Prices jumped on Wednesday following news that OPEC+ was likely to deepen oil output cuts. The larger-than-expected decline in US crude inventories also boosted market sentiments. Please see this Insight about the OPEC+ meeting outcome (link to the Insight). Downside risks on prices lingered amid mixed signals of the trade talks between the US and China.

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 2019Dec09.xls

    XLS 299.00 KB

  • Document

    Weekly report 2019Dec09.pdf

    PDF 1.35 MB

  • Document

    Global product markets weekly: Weakness in gasoline and middle distillates cracks dragged down global refining margin

    ZIP 1.44 MB

Trusted by leading organisations