Commodity Market Report
Global products market weekly: Oversupply continues to pressure refining margins
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 declined for the second week in a row due to signs of weakening global demand, particularly from China and the US. Weak US jobs data and rising EIA crude oil inventories added to concerns about reduced oil demand. Prices rallied at the end of the week as the market assessed the impact of Hurricane Francine on US Gulf Coast output, and the European Central Bank cut interest rates again on 12 September. The market is awaiting next week’s US Fed's decision on interest rate cuts. North Sea Dated crude’s weekly average dropped by US$3.30/bbl, in the week ended 13th September. Our ex-RVO global composite refining margins decreased by US$0.56/bbl to US$3.48/bbl amid decline in diesel in jet fuel cracks across major regions. Weekly margins were at US$5.41/bbl lower than the five-year historical average for the same week (excluding 2022)
Table of contents
- Executive summary
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Country Report
Global aluminium smelter asset cost summary
The Global Aluminium Asset Summary examines the cost environment in the base year as well as historically and forward five years.
$6,750
Insight
Wood Mackenzie at Asia Petrochemical Industry Conference (APIC) 2025 - Key Takeaways
APIC 2025: Key takeaways across the chemicals value chain
$900
Commodity Market Report
Hungary retail fuels long-term outlook
The Hungarian retail market is highly concentrated with the top four players collectively account for almost 80% of sales volumes.
$4,750
