Commodity Market Report
Global products market weekly: Rise in China’s product export quotas pressured diesel cracks
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 plunged on the third day of New Year’s trading as weak macroeonomic data releases on China’s PMI index, US services industry activity and Euro zone inflation rate, led to heightened recessionary fears. Later in the week, an increase in US crude inventories offset price strength from a weaker dollar. In the week ending 6 January, North Sea Dated crude’s weekly average fell by US$3.06/bbl. Our ex-RVO global composite refining margin weakened by US$1.06/bbl to US$17.37/bbl, weighed down by weakness in diesel/gasoil cracks. Weekly margins were at US$14.81/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
Looking overseas: executive summary - China’s green giants go global: renewable revolutions continue
a summary of overseas market dynamics and enter strategies for China's renewable manufacturers and developers
$3,000
Insight
Looking overseas: China’s solar ascent in a fragmented global landscape
critical adaptation strategies across two dimensions, covering diversification of manufacturing hubs and export corridors
$3,000
Market Report
China price tracker: energy storage winning bids analysis H2 2024
Analysing the winning bid price trends of storage systems and turnkey EPCs in China’s utility-scale and C&I storage market in H2 2024.
$5,990
