Commodity Market Report
Global products market weekly: Margins edged up with weaker crude, demand caution
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The oil market decreased through the week and stayed below US$90/bbl, as market players remained cautious on further demand downside with China extending its lockdowns in Chengdu and higher interest rates by central banks. A 100kb/d production cut agreed by OPEC+ early in the week provided limited support to prices. North Sea Dated crude’s weekly average decreased by US$5/bbl, in the week ended 9 September. Our ex-RVO global composite refining margin rose by US$1.13/bbl to US$15.52/bbl, supported by strength in the European refining complex amid supply tightness. Weekly margins were at US$10.36/bbl above the five-year historical average for the same week.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
China economic focus November 2024: impact of the potential Trump tariffs
China will take measures to offset the negative impact of the potential Trump tariff.
$1,150
Commodity Market Report
Regional product markets short-term outlook October 2024
Monthly forecast of regional refining economics, regional demand and supply by product along with stock forecasts and a net trade forecast.
$1,900
Insight
Bridging the gap: the impact of cheap propane on chemical value chains
Cheap propane has changed the landscape of petrochemical investment globally, and the impacts are being felt across a range of markets.
$900
